Burgundy Diamond Mines Ltd ( (AU:BDM) ) just unveiled an update.
Burgundy Diamond Mines Limited announced the upcoming retirement of its CEO, Kim Tuter, at the company’s AGM in May 2025. Tuter played a crucial role in transforming Burgundy, notably through the acquisition and enhancement of the Ekati mining asset. Jeremy King, a current board member, will serve as interim CEO, ensuring a smooth transition. The board has begun the search for a permanent CEO, which is expected to impact the company’s strategic direction and operations.
More about Burgundy Diamond Mines Ltd
Burgundy Diamond Mines is a leading independent diamond company with a global reach, focusing on a vertically integrated business model that spans the entire diamond value chain. The company is involved in mining, production, cutting and polishing, and sales, with key assets including the Ekati mine in Canada and a cutting facility in Perth. Burgundy ensures ethical production with traceability throughout the process.
YTD Price Performance: -33.33%
Average Trading Volume: 1,837,121
Technical Sentiment Signal: Buy
Current Market Cap: A$85.28M
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