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Joint Media Release - Gahcho Kué Joint Venture and North Slave Métis Alliance sign Impact Benefit Agreement

Joint Media Release - Gahcho Kué Joint Venture and North Slave Métis 
Alliance sign Impact Benefit Agreement 
YELLOWKNIFE, TORONTO and NEW YORK, July 10, 2013 /CNW/ - De Beers and Mountain 
Province Diamonds (TSX: MPV, NYSE MKT: MDM) are pleased to announce that De 
Beers, as Operator of the Gahcho Kué Project, has entered into an Impact 
Benefit Agreement with the North Slave Métis Alliance for the proposed Gahcho 
Kué Mine. The agreement sets in place a framework for De Beers and the 
North Slave Métis Alliance to optimize the participation of the North Slave 
Métis Alliance in the Gahcho Kué Mine through employment, business 
opportunities, training and development, and financial benefits. 
"This is the first Impact Benefit Agreement to be concluded for the proposed 
Gahcho Kué Mine," said Glen Koropchuk, Chief Operating Officer. "The two 
negotiating teams worked hard and efficiently to complete this agreement, 
which is mutually beneficial and builds on the strong relationship already 
established. It incorporates the shared learning we have from our experience 
working together over the years at the Snap Lake Mine, which is also operated 
by De Beers. The negotiation of further impact benefit agreements is 
"This is a good day for the North Slave Métis Alliance," said Bill Enge, 
President. "The life of mine Impact Benefit Agreement that we signed with De 
Beers for the proposed Gahcho Kué diamond mine ensures the North Slave Métis 
people will benefit from this development. We're looking forward to working 
with and strengthening our relationship with De Beers. They have a great 
track record of working with us with respect to their Snap Lake diamond mine 
and we have every reason to believe their Gahcho Kué mine track record will 
be matched." 
The Gahcho Kué diamond mine will have a mine life of approximately eleven 
years, will employ up to 700 people during construction and approximately 400 
people during operations. It will produce on average 4.5 million carats 
annually over its mine life. 
About De Beers Group 
De Beers Group is a member of the Anglo American plc group. Established in 
1888, De Beers is the world's leading diamond company with unrivalled 
expertise in the exploration, mining and marketing of diamonds. Together with 
its joint venture partners, De Beers employs approximately 16,000 people 
across the diamond pipeline, and is the world's largest diamond producer by 
value, with mining operations in Botswana, Canada, Namibia and South Africa. 
In Canada, De Beers operates the Snap Lake Mine in the Northwest Territories 
and the Victor Mine in northern Ontario. De Beers is also a joint venture 
partner in the Gahcho Kué Project in the Northwest Territories. For further 
information about De Beers visit 
About Mountain Province Diamonds 
Mountain Province Diamonds discovered the first kimberlite at Kennady Lake in 
1995 and in 1997 entered into a joint venture agreement with Monopros, a 
subsidiary of De Beers. Mountain Province is a 49% participant with De Beers 
Canada in the Gahcho Kué JV located in Canada's Northwest Territories. 
Gahcho Kué is the world's largest and richest new diamond mine development. A 
December 2010 feasibility study filed by Mountain Province (available on 
SEDAR) indicates that the Gahcho Kué project has an IRR of 33.9%.Further 
information is available at 
Forward-Looking Statements 
This news release may contain forward-looking statements, within the meaning 
of the "safe-harbor" provision of the Private Securities Litigation Reform Act 
of 1995, regarding Mountain Province's business. Actual results could differ 
materially from those described in this news release as a result of numerous 
factors, some of which are outside the control of the Company. 
Cathie Bolstad Director, External & Corporate Affairs De Beers Canada 
Tel: (867) 766-7300 
Patrick Evans President and CEO Mountain Province Diamonds 
Tel: (416) 361-3563 
Bill Enge President North Slave Métis Alliance 
Tel: (867) 873-6762   
SOURCE: De Beers Canada Corporation 
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CO: Mountain Province Diamonds Inc.
ST: New York
-0- Jul/10/2013 16:41 GMT