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Burgundy Diamond Mines Advances Point Lake as EBITDA Falls Short in 2024
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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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
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Burgundy Diamond Mines (ASX:BDM)
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