Burgundy Diamond Mines Updates Ekati Mine Resource and Reserve Estimates

An announcement from Burgundy Diamond Mines Ltd ( (AU:BDM) ) is now available.

Burgundy Diamond Mines Limited has released an updated Mineral Resource and Ore Reserve estimate for the Ekati diamond mine for the year ending December 31, 2024. The update includes a comparison with the 2023 estimates and outlines the governance and internal controls in place for these estimates. The report, compliant with the JORC Code and ASX Listing Rules, indicates a depletion of Indicated and Inferred Resources and Probable Ore Reserves due to ongoing mining activities at various sites within the mine.

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 processing of diamonds. The company is listed on the Australian Securities Exchange (ASX) under the ticker BDM and is involved in mining operations at the Ekati diamond mine.

Average Trading Volume: 1,273,057

Technical Sentiment Signal: Sell

Current Market Cap: A$49.75M

For a thorough assessment of BDM stock, go to TipRanks’ Stock Analysis page.