Burgundy Diamond Mines Ltd (AU:BDM) has released an update.
Burgundy Diamond Mines Limited has reported strong quarterly results, highlighted by the recovery of its 100 millionth carat at the Ekati mine and a significant debt repayment of $23.2 million. The company achieved $118 million from diamond sales and increased its cash reserves to $72.4 million. Looking forward, Burgundy is preparing to expand operations at the Point Lake open pit and anticipates continued production past 2026 at the Misery mine.
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