Mountain Province Diamonds FY25 adjusted EBITDA drops 95% to CAD 4.8 million
- Mountain Province Diamonds posted a net loss of CAD 280 million for FY 2025, widening from CAD 81 million.
- Revenue fell to CAD 160 million from CAD 270 million.
- Adjusted EBITDA dropped 95% to CAD 4.8 million.
- Diamond recoveries slipped 7% to 4.33 million carats, while total tonnes mined rose 16% to 39 million.
- Joint venture partners paused the Tuzo Phase 3 project to preserve liquidity as diamond market conditions deteriorated, citing U.S. tariffs on Indian diamond manufacturing and excess rough supply.
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: TO24456) on April 01, 2026, and is solely responsible for the information contained therein.
