Private company

Mountain Province Diamonds

Canadian mining company based in Toronto1

Mountain Province Diamonds Inc. is major (49%) partner with De Beers in the Gahcho Kue Diamond Mine Project in the Northwest Territories. Gahcho Kué is the world's largest and richest new diamond mine, with an estimated reserve of 80 million carats. The agreement between Mountain Province Diamonds and De Beers is one where both companies share the operating costs of the mine and each independently markets their share of the diamonds from the project.3 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

308.7MRevenue, fiscal 20215
276.2MNet income, fiscal 20215
  • Industrymining1
  • HeadquartersToronto1
  • Websitewww.mountainprovince.com
  • Listed onToronto Stock Exchange1
  • Incorporated inOntario, Canada6
  • Business address161 Bay Street, Suite 2315, Po Box 216, Toronto, A6 M5J 2S16
  • Filer categoryLarge accelerated filer6
  • Legal formBusiness corporations (which includes professional corporations)4
  • LEI549300Y5548SJTH51N284
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered address151 Yonge Street, Suite 1100, M5C 2W7 Toronto, Canada4
  • Registered withMinistry of Government and Consumer Services, 19226144

Mountain Province Diamonds Inc. is major (49%) partner with De Beers in the Gahcho Kue Diamond Mine Project in the Northwest Territories. Gahcho Kué is the world's largest and richest new diamond mine, with an estimated reserve of 80 million carats. The agreement between Mountain Province Diamonds and De Beers is one where both companies share the operating costs of the mine and each independently markets their share of the diamonds from the project.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CAD, the currency the company reports in.

Key numbers, fiscal 2021

108.5%Operating margin5
89.5%Net margin5
36.0%Revenue growth, 20215
78.7%Return on equity5
68.8M CADFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Selling, general and admin4¢13.9M CAD
  • Interest10¢32.5M CAD
  • Profit86¢276.2M CAD

Out of 308.7M CAD in revenue.5

Where each dollar of operating cash went, fiscal 2021

  • Capital spending39¢43.8M CAD
  • Kept or used elsewhere61¢68.8M CAD

Out of 112.6M CAD of cash from operations.5

Financial statements

Revenue789105308.7M CAD in 2021
0100.0M CAD200.0M CAD300.0M CAD400.0M CAD2016: 0 CAD0 CAD20162017: 170.1M CAD170.1M CAD20172018: 311.0M CAD311.0M CAD2018+83%2019: 276.3M CAD276.3M CAD2019−11%2020: 227.0M CAD227.0M CAD2020−18%2021: 308.7M CAD308.7M CAD2021+36%
Operating income789105334.9M CAD in 2021
-400.0M CAD-200.0M CAD0200.0M CAD400.0M CAD2016: -6.3M CAD-6.3M CAD20162017: 36.1M CAD36.1M CAD20172018: 58.4M CAD58.4M CAD2018+62%2019: -112.9M CAD-112.9M CAD20192020: -235.8M CAD-235.8M CAD2020+109%2021: 334.9M CAD334.9M CAD2021
Net income789105276.2M CAD in 2021+5656% since 2016
-400.0M CAD-200.0M CAD0200.0M CAD400.0M CAD2016: 4.8M CAD4.8M CAD20162017: 17.2M CAD17.2M CAD2017+257%2018: -18.9M CAD-18.9M CAD20182019: -128.8M CAD-128.8M CAD2019+580%2020: -263.4M CAD-263.4M CAD2020+105%2021: 276.2M CAD276.2M CAD2021
Fiscal year2015201620172018201920202021
Revenue0 CAD7170.1M CAD8311.0M CAD9276.3M CAD10227.0M CAD5308.7M CAD5
Selling, general and admin13.9M CAD5
Operating income-6.3M CAD736.1M CAD858.4M CAD9-112.9M CAD10-235.8M CAD5334.9M CAD5
Interest32.5M CAD5
Income before tax296.9M CAD5
Net income4.8M CAD717.2M CAD8-18.9M CAD9-128.8M CAD10-263.4M CAD5276.2M CAD5
Earnings per share0 CAD/shares70 CAD/shares8-0 CAD/shares9-1 CAD/shares10-1 CAD/shares51 CAD/shares5
Earnings per share (diluted)0 CAD/shares70 CAD/shares8-0 CAD/shares9-1 CAD/shares10-1 CAD/shares51 CAD/shares5
Shares (weighted, basic)210.5M shares5
Shares (weighted, diluted)212.0M shares5

Compare Mountain Province Diamonds with another company

Corporate structure

Mountain Province Diamonds sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Mountain Province Diamonds Toronto, Ontario, Canada
    • 2435572 ONTARIO INC. Subsidiary · Toronto, Ontario, Canada

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0). Each entity in the chart links to its source.

What it owns

What Mountain Province Diamonds reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net714.5M CAD5 Dec 31, 2021451.4M CAD5 Dec 31, 2020+58.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents25.0M CAD5 Dec 31, 202135.2M CAD5 Dec 31, 2020−28.9%

Inventory

ItemLatestA year beforeChange
Inventory, total109.8M CAD5 Dec 31, 202190.5M CAD5 Dec 31, 2020+21.4%

Former names

  • MOUNTAIN PROVINCE DIAMONDS INCNov 22, 2000 to Nov 15, 20066
  • MOUNTAIN PROVINCE MINING INCDec 10, 1996 to Nov 8, 20006

Timeline

  1. Oct 1, 2014Founded Mountain Province Diamonds is founded4

Filings

55 filings to the SEC since October 2021: 1 annual reports, 54 other. The latest 20:

  1. Mar 10, 20236-K EDGAR
  2. Mar 10, 202315F-12G EDGAR
  3. Mar 1, 20236-K EDGAR
  4. Jan 19, 20236-K EDGAR
  5. Dec 16, 20226-K EDGAR
  6. Dec 13, 20226-K EDGAR
  7. Dec 1, 20226-K EDGAR
  8. Nov 23, 20226-K EDGAR
  9. Nov 21, 20226-K EDGAR
  10. Nov 9, 20226-K EDGAR
  11. Nov 9, 20226-K EDGAR
  12. Oct 27, 20226-K EDGAR
  13. Oct 27, 20226-K EDGAR
  14. Oct 24, 20226-K EDGAR
  15. Oct 18, 20226-K EDGAR
  16. Sep 2, 20226-K EDGAR
  17. Aug 31, 20226-K EDGAR
  18. Aug 9, 20226-K EDGAR
  19. Aug 9, 20226-K EDGAR
  20. Jul 25, 20226-K EDGAR

The 55 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Mountain Province Diamonds is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMountain Province Diamonds Inc.2
  • CIK0001004530
  • Filer statusLarge accelerated filer2
  • Incorporated inOntario, Canada2
  • Fiscal year endsDecember 312
  • Industry code (SIC)1000 Metal Mining2
  • Business address161 Bay Street, Suite 2315, Po Box 216, Toronto, A6 M5J 2S12
  • Phone416-361-35622
  • Shares outstanding210,697,474 as of Dec 31, 20215
  • On EDGAR sinceDec 10, 19962
  • Filings625 in all: 6-K (461), SC 13D/A (64), 20-F (16), 6-K/A (12), CORRESP (12), UPLOAD (11), SC 13G/A (10), SC 13G (7)2
    All 22 form types

    40-F (6), D (5), SC 13D (5), 20-F/A (4), 25 (2), F-7 (2), 15F-12G (1), 8-A12B (1), 8-A12B/A (1), CERTAMX (1), CERTNAS (1), CT ORDER (1), F-X (1), S-8 (1)

  • Latest filingsAnnual report (40-F) Mar 29, 2022