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How Burgundy Diamond Mines Secured a C$60 Million Boost Amid Tariff Pressures

12:22pm on Monday 9th of March, 2026 AEDT Mining
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How Burgundy Diamond Mines Secured a C$60 Million Boost Amid Tariff Pressures

12:22pm on Monday 9th of March, 2026 AEDT
Key Points
  • Expansion of Large Enterprise Tariff Loan facility by C$60 million
  • Total loan facility now C$175 million under Canada’s LETL program
  • Loan supports tariff-related financial impacts on Arctic Canadian Diamond Company
  • Terms remain consistent with December 2025 loan agreement
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