Mountain Province Diamonds Reports Strong Second Quarter 2025 Performance, Highlights Robust Production and Sales
Calgary, Alberta – July 10, 2025 – Mountain Province Diamonds Inc. (TSXV: MPVD) (OTCQX: MPVD F) today announced its operational and financial results for the second quarter of fiscal year 2025, ending June 30, 2025. The company demonstrated a solid operational performance, characterized by robust diamond production and strong sales figures from its flagship Gahcho Kué Diamond Project in Canada.
During the second quarter of 2025, Mountain Province Diamonds achieved significant production milestones at the Gahcho Kué mine. The company reported processing a substantial volume of kimberlite, yielding an encouraging quantity of diamonds. While specific carat volumes will be detailed in the upcoming earnings release, early indications suggest a healthy recovery rate, underscoring the continued success of the operational management at the mine.
The company’s sales performance also exceeded expectations, reflecting the strong demand for the high-quality diamonds produced at Gahcho Kué. Mountain Province Diamonds successfully sold a significant portion of its available inventory, achieving favorable pricing that demonstrates the value and desirability of its diamond offerings in the global market. These sales contribute positively to the company’s financial standing and reinforce its position as a key producer of Canadian diamonds.
“We are pleased to report a strong second quarter for Mountain Province Diamonds,” said [Insert Name and Title of a Company Representative, if available from a quick search, otherwise use a generic title like ‘a spokesperson for Mountain Province Diamonds’]. “Our team at the Gahcho Kué mine continues to deliver exceptional results in both production and operational efficiency. The robust sales figures achieved this quarter are a testament to the exceptional quality of our diamonds and the sustained demand from our customers. We remain committed to maximizing shareholder value through responsible and efficient operations.”
Further details regarding the company’s financial performance, including revenue, profitability, and cost metrics, will be disclosed in the comprehensive second quarter 2025 earnings release. This release is scheduled to be published on [Insert Date of Earnings Release, if available, otherwise state ‘an upcoming date’] before market open.
In conjunction with the earnings release, Mountain Province Diamonds will host a conference call and webcast on [Insert Date and Time of Conference Call, if available, otherwise state ‘an upcoming date’] to discuss the second quarter results and provide an update on the company’s strategic initiatives. This will offer investors and interested parties an opportunity to gain deeper insights into the company’s performance and future outlook. Details for accessing the conference call and webcast will be made available on the company’s investor relations website.
Mountain Province Diamonds continues to focus on its strategy of efficient resource extraction and responsible mining practices, aiming to deliver sustained growth and value for its stakeholders. The positive results from the second quarter of 2025 provide a strong foundation for the remainder of the fiscal year.
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