Northwire Canada EditionWednesday, July 29, 2026
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NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Production / Operations

Mountain Province's Wall resigns as president, CEO

By The Northwire Desk — AI Analysis Nov 12, 2025 · 18:41 MPVD · 0.035 Mountain Province Diamonds Inc.
MPVD · Price

Executive Summary

  • President and CEO Mark Wall resigns, remaining until Dec 19 2025 to ensure transition.
  • Company has commenced mining the high‑grade 5034‑NEX orebody; material is now being processed.
  • A five‑day plant maintenance shutdown was completed in Q3, positioning the Gahcho Kue mine for strong performance in Q4 2025 and 2026.

Key Details

  • Mark Wall’s resignation effective Dec 19 2025; board will initiate a search for a new president/CEO.
  • Mining of the high‑grade 5034‑NEX orebody began during Q3 2025; processed material is now entering the plant.
  • Five‑day plant maintenance shutdown completed in Q3, restoring full operational capacity.
  • The Gahcho Kue (GK) mine is positioned for robust production in Q4 2025 and throughout 2026.
  • Chairman Jonathan Comerford thanked Wall for his contributions over four years amid a challenging industry environment.
  • Operational context: Mountain Province holds a 49% interest in the GK joint‑venture with De Beers Canada and controls extensive surrounding mineral claims, including indicated resources at Kelvin (13.62 M carats) and inferred resources at Faraday kimberlites.

Notable Quotes

“On behalf of the board, I would like to thank Mark for his substantial contribution to the company and the operations of the GK mine over the past four years… We wish him every success in his future endeavours.” – Jonathan Comerford, Chairman

Qualified persons: Tom McCandless, PhD, PGeo; Tysen Hantelmann, PEng (NI 43‑101).
Safe harbor statements included.

Read the original news release →

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Production / Operations