Diamond Production Drops 40% as Mountain Province Prepares for High-Grade NEX Orebody Access

Mountain Province Diamonds Announces First Quarter 2025 Production and Sales Results, Details of First Quarter 2025 Earnings Release, and Conference Call

TSX and OTC: MPVD

Mountain Province Diamonds releases Q1 production results – Resource World Magazine

Mountain Province Diamonds Inc. [MPVD-TSX, MPDVF-OTCQX] has announced production and sales results for the first quarter ended March 31, 2025 from the Gahcho Kue Diamond Mine in the Northwest Territories. The company said the 762,978 carats recovered was 40% below 1.26 million carats in the first quarter of 2024. The average carat grade of 0.82 carats per tonne, marked a 48% decrease relative to the first quarter of 2024 (1.57 carats per tonne).

Diamond Production Drops 40% as Mountain Province Prepares for High-Grade NEX Orebody Access

Q1 diamond sales reach $44M amid strategic mine development phase. Discover how the upcoming NEX orebody access could transform production metrics. Get analysis.