Burgundy Diamond Mines Ltd. confirms the strategic intention to partner with carefully selected diamond manufacturers and traders, jewellers and luxury brands to maximize the value of its sustainably mined Canadian diamonds. The partnerships are to be founded on a shared commitment to leadership in provenance, traceability, product excellence and value creation. Aligned with this approach and based on a thorough [...]
Burgundy Diamond Mines Ltd. , André Messika Ltd. and Crossworks Manufacturing Ltd. , are proud to announce a landmark strategic global partnership to bring Burgundy's extraordinary collection of fancy yellow diamonds to the world's most prestigious jewellery maisons. Under the terms of the collaboration, Crossworks will be responsible for cutting and polishing a selection of Burgundy's exceptional fancy yellow rough [...]
Burgundy Diamond Mines Ltd. today announced the release of its 2024 Socio-Economic Report, highlighting the company's achievements and progress in the areas of safety, operations and social impact, in relation to Ekati Diamond Mine. The annual report articulates Burgundy's commitment to aligning business practices and a mutual objective to provide economic benefits to the North, under the Mineral Resources Act [...]
Burgundy Diamond Mines Ltd. provided the filing of its financial and operating results for the first quarter ended March 31, 2025, to the Australian Stock Exchange on April 30, 2025. During the quarter, Ekati's operational team fully relocated surface mining equipment to Point Lake and transferred production personnel to the Misery camp. "This co-location of Point Lake and Misery unlocks improved operational efficiencies [...]
Burgundy Diamond Mines Ltd. provided the filing of its financial and operating results for the first quarter ended March 31, 2025, to the Australian Stock Exchange on April 30, 2025. During the quarter, Ekati's operational team fully relocated surface mining equipment to Point Lake and transferred production personnel to the Misery camp. "This co-location of Point Lake and Misery unlocks improved operational efficiencies [...]
Burgundy Diamond Mines Ltd. provided the filing of its 2024 Annual Report, including the annual audited financial statements and explanation of results for the financial year ended December 31, 2024, to the Australian Stock Exchange on March 31, 2025. During the year, Burgundy cemented its position as the largest G7 producer of natural diamonds, supplying around 4% of global rough diamonds. The Company also achieved the [...]
Burgundy Diamond Mines Ltd. 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. Due to the remote Arctic location of Burgundy's cornerstone Ekati mine, an inventory resupply campaign is conducted annually via the Tibbitt to Contwoyto Winter Road [...]
Burgundy Diamond Mines Ltd. 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. Burgundy will [...]
Burgundy Diamond Mines Ltd. provided its financial and operating results for the third quarter 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 , 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 [...]
Burgundy Diamond Mines Ltd. 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 long-life asset and everyone's efforts, hard work, and dedication over the past two and a half decades. Ekati has an impressive history as Canada's first diamond [...]
Burgundy Diamond Mines Ltd. 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 for the Company. We are pleased to take this major step in further strengthening our balance sheet. The fact [...]
Burgundy Diamond Mines Ltd. 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 . Burgundy is required to post security with key government agencies to ensure reclamation is completed across its mining properties, as required by relevant legislation in Canada and the [...]
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