Mountain Province Diamonds says problems that have hindered the production of rough diamonds at its NWT mine so far this year are being fixed.
The company owns a 49-percent interest in the Gahcho Kué diamond mine. De Beers Canada, which owns the remainder, operates the mine.
In a news release on Monday, Mountain Province said revenue was rebounding after a start to the year in which a fresh surge of Covid-19, issues with the separation of ore and waste rock, and a lack of process plant availability presented problems.
The company said those challenges led to “fewer tonnes treated and carats recovered relative to previous expectations.”
In the 2022 operating year, Mountain Province now expects to recover up to 5.8 million carats, down from a previous forecast of up to 6.4 million. Production costs per carat will be higher than previously expected.