Press Releases

Filters

Burgundy Diamond Mines reduces debt through Convertible Notes payout

September 23, 2024

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 More

Burgundy concludes reclamation surety bonds agreement

August 14, 2024

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 More

Burgundy Diamond Mines reports second quarter 2024 results

July 25, 2024

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 More

Burgundy Diamond Mines announces 2024 first quarter results

April 28, 2024

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 More

Burgundy Diamond Mines announces 2023 year-end results

March 27, 2024

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.

Read More

2023 Socio-Economic Agreement Report released highlighting contribution and investment in Canada’s North

March 21, 2024

The Socio-Economic Agreement Report is published annually and highlights the numerous ways our operations at Ekati Diamond Mine provide social and economic benefits to Canada’s North. The report summarizes key performance metrics covering safety, employment, environment, community investment and northern business expenditures.

Read More

Burgundy Diamond Mines reports fourth quarter results

January 25, 2024

Burgundy Diamond Mines provided its financial and operating results for the fourth quarter (Q4 2023) ended December 31, 2023 to the Australian Stock Exchange, on January 24, 2024. Burgundy continues to improve production and performance at Ekati mine, in Canada’s Northwest Territories, with more efficient mining operations and highest ore…

Read More

Wildfires in Canada’s Northwest Territories

August 18, 2023

August 22, 2023 Ekati Diamond Mine continues to be outside of any current or anticipated wildfire risk. The remote and sub-Arctic location has enabled the mine operations to continue to produce with carat production that remains on target. Ekati is approximately 300 kilometers northeast of Yellowknife, and the closest wildfire…

Read More

Burgundy Diamond Mines completes transformational acquisition of Ekati

July 4, 2023

Burgundy Diamond Mines Limited has successfully completed the transaction to acquire 100 percent of Arctic Canadian Diamond Company Limited shares including its primary mining asset, the Ekati Diamond Mine in Canada’s Northwest Territories. The successful acquisition provides Burgundy with an enviable and exciting position to continue to expand its innovative…

Read More