middle.news
Why Is Burgundy Diamond Mines Putting Point Lake on Hold Despite Rising Carat Recovery?
9:13am on Friday 1st of August, 2025 AEST
•
Mining
Read Story
Why Is Burgundy Diamond Mines Putting Point Lake on Hold Despite Rising Carat Recovery?
9:13am on Friday 1st of August, 2025 AEST
Key Points
Ore mined and carats recovered rose due to Point Lake open pit ore release
Revenue declined 6% to US$471 million with a 29% drop in adjusted EBITDA
Point Lake placed on care and maintenance amid uneconomic conditions
Misery mine life extended to end of 2027 following geological updates
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Burgundy Diamond Mines (ASX:BDM)
OPEN ARTICLE