Diamond News
Mining Companies Reporting on Q3 Results
The Diamond Loupe
English
Mining Companies Reporting on Q3 Results
Burgundy Diamond Mines reported significant developments in its third quarter of 2024, including the recovery of its 100 millionth carat at the Ekati mine after 26 years of production. The company mined 0.80 million tonnes of ore and processed 1.12 million tonnes, producing 1.24 million carats. Despite a decrease in recovery to 2023, sales reached 1.42 million carats, generating a total revenue of 118 million dollars at an average price of 83 dollars per carat.
