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ASX BRIEFS

BURGUNDY DIAMOND MINES (BDM)- Revolutionizing the Diamond Industry: CEO Kim Truter on Ethical Sourcing, Strategic Ekati Operations, and the Future Market Outlook

27 Nov 2024

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Send us a textUnlock the secrets of the diamond industry with Kim Truter, CEO and MD of Burgundy Diamond Mines, as he shares the groundbreaking approaches reshaping this sparkling sector. Imagine knowing exactly where your diamond comes from โ€” that's what Burgundy promises with its vertically integrated model that guarantees ethical sourcing and transparency from mine to market. This episode uncovers the strategic advantages that Burgundy Diamond Mines holds, especially with its operations at the renowned Ekati mine in Canada. Kim enlightens us on the impressive recovery of their hundred millionth carat and the vital infrastructure legacy inherited from BHP, which sets the stage for future triumphs.Kim also reveals how the Misery Main ore body extension is poised to redefine Burgundy's production outlook, offering a promising horizon with minimal additional costs. Get a front-row seat to understand the factors that are shaping the company's revised revenue forecast for 2024 amidst aspirations for market recovery. With insights into the company's ambitious five-year plan and the role of its cutting and polishing facility in Perth, this episode is a must-listen for anyone curious about the evolving landscape of the diamond business. Tune in to discover how Burgundy Diamond Mines is setting new standards in the industry.

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