Press Releases
Burgundy 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.
Read More2023 Socio-Economic Agreement Report released highlighting contribution and investment in Canada’s North
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 MoreBurgundy Diamond Mines reports fourth quarter results
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 MoreWildfires in Canada’s Northwest Territories
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 MoreBurgundy Diamond Mines completes transformational acquisition of Ekati
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…
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