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Mountain Province Losses Widen 246%
Mountain Province closed 2025 with sales down 42% to $112M and losses widening 246% to $200M.
Read original on RapaportBy Rapaport9 April 20261 min read
Executive Summary
Mountain Province closed 2025 with sales down 42% to $112M and losses widening 246% to $200M, underscoring stress among mid-tier producers.
Industry Impact
Mid-tier miner distress reinforces likelihood of further supply consolidation and tighter financing conditions.
Next Steps
Monitor creditor actions; evaluate exposure to Gahcho Kué goods in supply chain.