middle.news

Why Did Burgundy Diamond Mines Suspend Point Lake Mining Amid a $29.5M Loss?

4:36am on Saturday 30th of August, 2025 AEST Mining
Read Story

Why Did Burgundy Diamond Mines Suspend Point Lake Mining Amid a $29.5M Loss?

4:36am on Saturday 30th of August, 2025 AEST
Key Points
  • Net loss of $29.5 million for half-year ended June 2025
  • 44% revenue decline to $125.2 million amid lower diamond sales
  • Temporary suspension of Point Lake open pit mining due to depressed prices
  • Secured fuel offtake financing and related party loans to manage working capital
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Burgundy Diamond Mines (ASX:BDM)
OPEN ARTICLE