Mountain Province Diamonds Inc. (MPVD) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

This call is being recorded on Thursday, March 27, 2025. I would now like to turn the conference over to Mark Wall, President and CEO. Please go ahead. Thanks, Joanna. Good day to everyone who's dialed in to our Q4 and full year 2024 results call. My name is Mark Wall and I'm the President and CEO of the company. Also present on this call is Steve Thomas, our CFO, and Reid Mackey, our Vice President of Diamond Sales and Marketing. At the conclusion of the presentation, the team will be available for any questions that you may have. Firstly, I'd like to draw your attention, as always, to our cautionary and forward-looking statement. 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 Gatcho Quay mine in the Northwest Territories, with the De Beers Group, a division of Anglo-American, owning the remaining 51%. Today, I will speak to our Q4 and full year 2024 results. Following that, Steve will discuss the financial performance of the company, and Reid will comment on the overall diamond market. I'll then make some closing remarks to complete the presentation and answer any questions that you may have. As always, I'll start the review of our safety performance. In 2024, we continued to focus on workplace safety and the operations achieved a 60% improvement year on year in total recordable injury frequency rate. The operations had historically had a TRIFR that was high compared to other mines. And I'm pleased to say that with continued focus, the safety performance has improved drastically over the past couple of years, includin...