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Burgundy Diamond Mines Unlocks US$45M Working Capital Boost with Macquarie Fuel Deal

7:44am on Monday 2nd of June, 2025 AEST Mining
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Burgundy Diamond Mines Unlocks US$45M Working Capital Boost with Macquarie Fuel Deal

7:44am on Monday 2nd of June, 2025 AEST
Key Points
  • Innovative diesel fuel offtake agreement signed with Macquarie Bank subsidiary
  • Agreement enables Macquarie to own and supply diesel on demand at Ekati mine
  • Expected working capital benefit of approximately US$45 million in Q1 2025
  • Reduces seasonal volatility of operating cash outflows for Burgundy
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