Mountain Province Diamonds Inc. (MPVDF) Q1 2025 Earnings Call Transcript

Mountain Province Diamonds Inc. (OTC:MPVDF) Q1 2025 Earnings Conference Call May 14, 2025 11:00 AM ET

Company Participants

Mark Wall – President and Chief Executive Officer
Steve Thomas – Chief Financial Officer
Reid Mackie – Vice President, Diamond Sales and Marketing

Conference Call Participants

Daniel McConvey – Rossport
Christopher Lembo – Brigade Capital

Operator

Good morning, ladies and gentlemen, and welcome to the Mountain Province Diamonds Inc. Q1 2025 Webcast and Conference Call. [Operator Instructions]. This call is being recorded on Wednesday, 14 of May 2025.

I would now like to turn the conference over to Mark Ball, CEO. Please go ahead.

Mark Wall

Thanks, Andrew. Welcome to everyone who’s dialed in to listen to our Q1 2025 results call. My name is Mark Wall, and I’m the President and CEO of the company. Also present on this call is Steven Thomas, our CFO; and Reid Mackie, our VP of Diamond Sales and Marketing. At the conclusion of this presentation, the team will be available for any questions that you may have.

Firstly, I would draw your attention to our cautionary statement regarding forward-looking information. This presentation will be posted on our website for anyone who needs additional time to review this statement. Mountain Province Diamonds produces Canadian diamonds to the highest standards of corporate social responsibility, and that is something that we continue to be proud of. We own 49% of the Gahcho Kué mine in the Northwest Territories with the De Beers Group, a division of Anglo American plc, owning the remaining 51%.

Today, I will speak to our Q1 2025 results and provide some insights into our operational and financial performance. Following that, Steve, our CFO, will discuss the Q1 financial performance of the company and Reid will comment on the overall diamond market. I will then make some closing remarks to complete