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Why Is Burgundy Halting Point Lake Mining Amid Diamond Market Slump?

10:11am on Friday 18th of July, 2025 AEST Mining
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Why Is Burgundy Halting Point Lake Mining Amid Diamond Market Slump?

10:11am on Friday 18th of July, 2025 AEST
Key Points
  • Temporary suspension of Point Lake open pit mining
  • Focus shifts to improved Misery underground production
  • Layoffs and contractor reductions at Point Lake
  • Upcoming mine plan and Fox underground pre-feasibility study
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