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Burgundy Diamond Mines Reports Q2 2025 Performance and Strategic Developments

Story Highlights
  • Burgundy Diamond Mines focuses on strategic partnerships after closing Perth operations.
  • The company extends mine life by 2.5 years and reports robust Fox Project economics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Burgundy Diamond Mines Reports Q2 2025 Performance and Strategic Developments

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Burgundy Diamond Mines Ltd ( (AU:BDM) ) just unveiled an announcement.

Burgundy Diamond Mines Limited reported its quarterly activities for the period ending June 30, 2025, highlighting significant operational and sales performance. The company mined 1.1 million ore tonnes and processed 0.8 million tonnes, recovering 0.8 million carats. Sales performance included selling 0.9 million carats for total proceeds of $52 million. The company closed its Perth diamond cutting and polishing operations to focus on strategic partnerships. Despite an adjusted EBITDA loss of $11.6 million, Burgundy secured non-dilutive financing and extended its mine life by 2.5 years at the Misery deposit. The updated prefeasibility study for the Fox Underground Project shows robust economics, supporting a 14-year mine life extension.

The most recent analyst rating on (AU:BDM) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Burgundy Diamond Mines Ltd stock, see the AU:BDM Stock Forecast page.

More about Burgundy Diamond Mines Ltd

Burgundy Diamond Mines Limited is a company operating in the diamond mining industry, primarily focused on the extraction and sale of diamonds. The company engages in mining operations and has strategic partnerships with diamond manufacturers, traders, jewelers, and luxury brands to maximize the value of its products.

Average Trading Volume: 1,038,866

Technical Sentiment Signal: Sell

Current Market Cap: A$44.06M

See more insights into BDM stock on TipRanks’ Stock Analysis page.

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