Mackenzie Valley Land and Water Board Approves Gahcho Kué Pioneer Land Use Permit

Mackenzie Valley Land and Water Board Approves Gahcho Kué Pioneer Land Use 
TORONTO, ON, NEW YORK, NY, and YELLOWKNIFE, NT, Dec. 3, 2013 /CNW/ - De Beers 
Canada Inc. and Mountain Province Diamonds (TSX: MPV, NYSE MKT: MDM) are 
pleased to announce that the Mackenzie Valley Land and Water Board has 
approved a pioneer Land Use Permit for the Gahcho Kué diamond mine. The 
pioneer Land Use Permit allows land-based site works to commence in 
preparation for deliveries planned for the 2014 winter road season. 
Tony Guthrie, CEO of De Beers Canada, commented: "De Beers, as the Operator of 
the Gahcho Kué Project, extends its appreciation to the Mackenzie Valley Land 
and Water Board for the efficient processing of the pioneer Land Use Permit 
application. Approval of the permit allows Gahcho Kué to position itself for 
the start of full construction pending the receipt of the full Land Use Permit 
and Water License expected in 2014. The construction and operational phases of 
Gahcho Kué will benefit the Canadian economy and local communities, creating 
new business and employment opportunities for residents of the Northwest 
Territories and continuing to build Canada's position as a premier diamond 
The scope of the planned pioneer site works conforms to the water use and 
waste disposal terms of the existing Type B Water License for the Gahcho Kué 
Patrick Evans, Mountain Province President and CEO, added: "This represents an 
important milestone for the Gahcho Kué Project. The shareholders of Mountain 
Province look forward to an efficient and timely completion of the remaining 
regulatory process in 2014, which is necessary to ensure the optimal 
development of the Gahcho Kué diamond mine." 
Gahcho Kué will employ close to 700 people during the two years of 
construction and close to 400 people during its operational phase. The Gahcho 
Kué project life of mine is approximately 11 years in duration and will mine 
about 31 million tonnes of ore containing an estimated 49 million carats(1). 
Gahcho Kué is a joint venture between De Beers (51%) and Mountain Province 
Diamonds (49%) and is located 280 km northeast of Yellowknife, Northwest 
Territories. The 2010 Gahcho Kué feasibility study is being updated and the 
results of an Optimization Study are expected to be available early in the New 
About De Beers Group of Companies
De Beers 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 withits joint 
venture partners,De Beers employs more than 23,000 people (directly and as 
contractors) across the diamond pipeline, andis the world's largest diamond 
producer by value, with mining operations in Botswana, Canada, Namibia and 
South Africa. As part of the company's operating philosophy, the people of De 
Beers are committed to Living up to Diamonds by making a lasting contribution 
to the communities in which they live and work, and transforming natural 
resources into shared national wealth. For further information about De Beers 
About Mountain Province Diamonds
Mountain Province Diamonds discovered the first kimberlite at Kennady Lake in 
1995 and in 1997 entered into a joint venture 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'sNorthwest 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-harbour" 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. 
Note to Editors 
1. These carats include an estimate of carats recovered below the 
 bottom cut-off of the plant and therefore differ by a small amount 
 to those reported in the 2013 Anglo American Annual Report

SOURCE  De Beers Canada Corporation 
Cathie Bolstad Director, External & Corporate Affairs De Beers  
Tel: (867) 766-7300 
Patrick Evans President and CEO Mountain Province Diamonds Tel: (416) 
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CO: De Beers Canada Corporation
ST: Northwest Territories
-0- Dec/03/2013 20:05 GMT