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Burgundy Diamond Mines Navigates Q4 Challenges, Eyes Growth in 2025
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Burgundy Diamond Mines Navigates Q4 Challenges, Eyes Growth in 2025
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Q4-2024 carats recovered and sold declined by 17% and 39% respectively
Revenue fell 39% quarter-on-quarter, EBITDA dropped 47%
Transition from Sable to Point Lake open pit underway, with first ore production expected Q1-2025
Strong focus on cash management and debt reduction amid challenging market conditions
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Burgundy Diamond Mines (ASX:BDM)
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