Mountain Province Reports Major Production Decline: Diamond Output Falls 46%, Grade Down 41% in Q2

Mountain Province eyes diamond grade improvements in NWT – Resource World Magazine

Mountain Province Diamonds Inc. [MPVD-TSX, OTCQX] has announced production and sales results for the second quarter ended June 30, 2025, from the Gahcho Kue Diamond Mine in the Northwest Territories. Second quarter highlights included 708,072 carats recovered, a 46% decrease from 1.32 million carats in the second quarter of 2024. The average grade of carats per tonnes was 0.8, a 41% decline from 1.37 carats per tonne in the same period last year.

Mountain Province Reports Major Production Decline: Diamond Output Falls 46%, Grade Down 41% in Q2

Mountain Province's Q2 diamond production falls sharply with 708,072 carats recovered. NEX mining ramp-up planned for Q3. See full production metrics and earnings call details.