Press Releases
Burgundy Diamond Mines announces an innovative diesel fuel offtake agreement with a subsidiary of Macquarie Bank Ltd.
Burgundy Diamond Mines Limited is pleased to announce the successful completion of a fuel offtake agreement for 2025 between its subsidiary and a subsidiary of Macquarie Bank Ltd. with a replicable structure that has the potential to be a multi-year arrangement.
Read MoreBurgundy Diamond Mines reports fourth quarter 2024 results
Burgundy Diamond Mines Limited (ASX:BDM) provided its financial and operating results for the fourth quarter ended December 31, 2024, to the Australian Stock Exchange on January 28, 2025. During the quarter, Burgundy unveiled the first ore from Point Lake open pit, marking Ekati’s 10th operation over twenty-six years of production. Burgundy also remains on track to release its first mine plan by the end of Q1-2025.
Read MoreNWT’s diamond mines collaborate on one-of-a-kind pendant to be auctioned for charity
7 November 2024 YELLOWKNIFE, Canada – The Northwest Territories’ three diamond mines – Rio Tinto’s Diavik Diamond Mine, De Beers Group and Mountain Province Diamonds’ Gahcho Kué Diamond Mine, and Burgundy Diamond Mines’ Ekati Diamond Mine – have collaborated on a stunning one-of-a-kind pendant featuring diamonds from all three operations…
Read MoreBurgundy Diamond Mines reports third quarter 2024 results
Burgundy Diamond Mines Limited (ASX:BDM) provided its financial and operating results for the third quarter (Q3-2024) ended September 30, 2024, to the Australian Stock Exchange on October 29,2024. During the quarter, Burgundy focused on debt repayment of its Convertible Notes (totalling $23.6 million), mine extension activities at Misery underground mine, and completed 40% of its Sable underground prefeasibility study, upon which the decision was made to reschedule the project start date, due to positive Misery mine extension results.
Read MoreEkati Diamond Mine achieves historic milestone of 100 million carats produced
Calgary, Alberta – Burgundy Diamond Mines Limited (ASX:BDM) (Burgundy or the Company) is proud to announce that the Ekati Diamond Mine has reached a historic milestone of 100 million carats produced. As Ekati currently celebrates 26 years of production, this impressive achievement is a reminder of the quality of this…
Read MoreBurgundy Diamond Mines reduces debt through Convertible Notes payout
Burgundy Diamond Mines Limited (ASX:BDM) is pleased to announce that it has successfully paid out its Convertible Notes totalling US$23.6 million, significantly reducing its debt position. Kim Truter, Burgundy CEO and MD, commented, “We had several options for our Convertible Notes, and we believe this was the best way forward…
Read MoreBurgundy concludes reclamation surety bonds agreement
Burgundy Diamond Mines Limited (ASX:BDM) is pleased to confirm that the agreement with the surety providers in relation to the reclamation bonds has been formally concluded and signed by all parties, in line with previously agreed principles.
Read MoreBurgundy Diamond Mines reports second quarter 2024 results
Burgundy Diamond Mines (ASX:BDM) (Burgundy or the company) provided its financial and operating results for the second quarter (Q2-2024) ended June 30, 2024, to the Australian Stock Exchange on July 26, 2024. Burgundy Diamond Mines achieved significant progress in several key areas this quarter. The company’s dedication to potential mine…
Read MoreBurgundy Diamond Mines announces 2024 first quarter results
Burgundy Diamond Mines provided its financial and operating results for the first quarter ended March 31, 2024 to the Australian Stock Exchange, on April 29, 2024. Burgundy maintained a robust EBITDA of $26 million, up 49% from Q1 2023 and recorded record revenues of $117 million.
Read MoreBurgundy Diamond Mines announces 2023 year-end results
Burgundy Diamond Mines provided its 2023 Annual Report for the 6-month period ended December 31, 2023. to the Australian Stock Exchange on March 27, 2024.
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