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Burgundy Diamond Maintains Strong Sales Amid Expansion
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Burgundy Diamond Maintains Strong Sales Amid Expansion

Burgundy Diamond Mines Ltd (AU:BDM) has released an update.

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Burgundy Diamond Mines Ltd reported a productive quarter with 1.22 million carats recovered and sales of 1.03 million carats, generating US$106 million at an average of US$103 per carat. Despite a decrease in both ore processing and carat recovery compared to the previous year, the company’s high-quality Canadian diamonds maintained strong market interest. Extensive mine life extension work is underway, including preparations for a new open pit mine set to commence production in early 2025.

For further insights into AU:BDM stock, check out TipRanks’ Stock Analysis page.

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