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Strong Rough Prices Drive Revenue Surge for Ekati Mine

Revenue from the Ekati mine's rough diamond output soared by 70% in the first fiscal quarter, according to owner Burgundy Diamond Mines ....

United Arab Emirates , Kim Truter , Arctic Canadian Diamond Company ,

Burgundy Starts Strong in Q1

Burgundy Diamond Mines, reports strong results for Q1 2024 despite a subdued rough and polished market, with record revenues of US$117m for 1.32m cts sold (+65% in volume y-o-y). CEO Kim Truter cites Burgundy's consistent diamond quality and provenance assurances as key drivers for strong buyer interest. In Q1, Burgundy recovered 1.15m carats, including a 23.15ct fancy intense yellow.  Photo credit Burgundy Diamond Mines ....

Kim Truter , Burgundy Diamond Mines , Burgundy Diamond ,

New Ekati Owners Report Record Revenues

New Ekati Owners Report Record Revenues
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Northwest Territories , United Arab Emirates , John Jeffay , Kim Truter , Arctic Canadian Diamond Company , New Ekati Owners Report Record , Earnings Before Interest , Arctic Circle , Dominion Diamonds ,