PRECIOUS STONES

Burgundy sales on the up as Ekati optimism grows

BURGUNDY Diamond Mines is feeling more confident about its plans to transition into a major player in the global gemstone space with sales growing and optimism growing for multiple expansion opportunities at its recently acquired Ekati operation in Canada.

 Ekati appears to be performing well under its new management

Ekati appears to be performing well under its new management

Burgundy completed its A$209 million purchase of the Northwest Territories mine mid-year, and for the quarter to date has sold 784,000 carats for US$90 million compared with sales of 901,000ct generating...

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