Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Burgundy Diamond Mines Ltd ( (AU:BDM) ) has shared an update.
Burgundy Diamond Mines Limited has released an updated estimate of Mineral Resources and Ore Reserves for the Ekati diamond mine for the year ending December 31, 2024. The report, compliant with the JORC Code and ASX Listing Rules, indicates a depletion of Indicated and Inferred Resources due to ongoing mining activities at various sites within the mine. The announcement highlights the company’s continued operations in both open pit and underground mining methods, which could impact its future production capabilities and market positioning.
More about Burgundy Diamond Mines Ltd
Burgundy Diamond Mines Limited is a company operating in the diamond mining industry, focusing on the extraction and processing of diamonds. The company is primarily involved in the management and development of diamond mines, with a significant focus on the Ekati diamond mine.
YTD Price Performance: -56.67%
Average Trading Volume: 1,500,509
Technical Sentiment Signal: Buy
Current Market Cap: A$55.43M
Learn more about BDM stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue