middle.news

Burgundy Diamond Mines Advances Point Lake as EBITDA Falls Short in 2024

7:03pm on Monday 2nd of June, 2025 AEST Mining
Read Story

Burgundy Diamond Mines Advances Point Lake as EBITDA Falls Short in 2024

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • 2% shortfall in recovered carats against 2024 guidance
  • Global rough diamond revenue per carat declined 15-20% year-over-year
  • EBITDA for 2024 was 6% below guidance despite meeting revenue targets
  • Point Lake open pit mining to commence ore production in Q1 2025
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Burgundy Diamond Mines (ASX:BDM)
OPEN ARTICLE