Mountain Province Q1 diamond sales fall to C$40 million as prices slide
PUBT · 2d ago
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- Mountain Province reported Q1 2026 production of 2,006,135 carats at Gahcho Kué, up 163% from 762,978 carats year earlier.
- Recovered grade rose to 2.64 carats per tonne, up 222% from 0.82.
- Ore tonnes treated fell 18% to 759,248.
- Diamond sales totaled 858,173 carats for CAD 40 million, versus 426,268 carats for CAD 44 million in Q1 2025.
- Average realized price dropped to CAD 47 per carat from CAD 103 per carat.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mountain Province Diamonds Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: EN48847) on May 01, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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