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Mountain Province Diamonds reports record Q1 production despite lower sales and operational challenges.
Mountain Province Diamonds reported record production of over 2 million carats in Q1 2026, though sales dropped to $47 per carat due to weaker demand and higher proportions of smaller stones.
The company cited operational challenges, including a cash-conserving waste strip pause, harsh weather, and geopolitical tensions.
CEO Jonathan Comerford noted strong performance despite headwinds, and the company announced a board change.
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Mountain Province Diamonds informa una producción récord del primer trimestre a pesar de las bajas ventas y los desafíos operativos.