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Mountain Province Diamonds Upgrades Mine Plan and Forecasts

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Mountain Province Diamonds Upgrades Mine Plan and Forecasts

Mountain Province Diamonds (TSE:MPVD) has released an update.

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Mountain Province Diamonds Inc. has announced substantial updates to the Gahcho Kué Mine’s life of mine plan and mineral resource estimates, forecasting an increase in total estimated diamond recovery and extending ore processing through early 2031. The updates suggest a projected operating cash flow of $626 million for the company’s share, emphasizing the mine’s enhanced value despite current market softness.

For further insights into TSE:MPVD stock, check out TipRanks’ Stock Analysis page.

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