MARKET NEWS
Market NewsFinance
Mountain Province Net Loss Widens 246%
Mountain Province ended 2025 with sales down 42% to $112 million and its net loss widening by 246% to $200 million.
Read original on RapaportBy Rapaport9 April 20261 min read
Executive Summary
Mountain Province ended 2025 with sales down 42% to $112 million and its net loss widening by 246% to $200 million, underscoring continued pressure on mid-tier diamond producers.
Industry Impact
Financial distress among mid-tier miners reinforces the risk of further supply consolidation and tighter financing conditions across the rough-diamond market.
Next Steps
Monitor creditor actions and evaluate supply-chain exposure to Gahcho Kué goods.