Mountain Province Diamonds Announces Strong Q2 2025 Production and Sales Results

Mountain Province Diamonds Inc. has released its second-quarter 2025 production and sales results, showcasing a strong performance in the diamond mining sector. The company reported the production of 1.3 million carats during the quarter, with 1.2 million carats sold. This reflects a steady operational output and robust market demand. The average price per carat increased by 11% to $83, contributing to a 15% rise in revenue to $100 million compared to the same period in 2024. The improved pricing is attributed to favorable market conditions and a higher proportion of premium stone sales. The company also announced details for its upcoming Q2 2025 earnings release and conference call, scheduled for August 2025. Management will discuss financial results, operational highlights, and provide market insights during the call. This performance underscores Mountain Province Diamonds’ position as a key player in the diamond industry, with a focus on sustainable mining practices and value creation for stakeholders. The company remains optimistic about future prospects, driven by consistent production levels and strong demand. Investors are encouraged to participate in the earnings call for a comprehensive overview of the company’s progress and strategy.

Source