Burgundy Diamond Mines Limited, a resources company, focuses on the mining, production, cutting, polishing, grading, and sale of diamonds. It operates through Rough Diamond and Polished segments. The Rough Diamond segment engages in the mining, sale, and marketing of rough diamonds. Its Polished Diamond segment engages in the manufacture, sale, and marketing of polished diamonds. The company owns 100% of the Ekati diamond mine located in the Lac de Gras region of the Northwest Territories of Canada. It also holds 40% interest in the Naujaat diamond project comprising an area of approximately 127 square kilometers located in Nunavut, Canada; and 18% in the La Victoria project comprising an area of approximately 80 square kilometers located in Peru. The company was formerly known as EHR Resources Limited and changed its name to Burgundy Diamond Mines Limited in November 2020. Burgundy Diamond Mines Limited was incorporated in 2012 and is based in Perth, Australia.
Q4 2025 is off to a flying start with record highs being printed left, right, and center. US and Japanese stocks made fresh new highs, while the gold price powered through $4,000 for the first time, and Bitcoin crossed the $126k level. Is this all a case of USD weakness, irrational exuberance, or solid fundamentals? This week, we are reviewing Q3 market performance, Q2 earnings season, and the outlook heading into the end of 2025…
The Materials sector gained 3.8% while the market remained flat over the last week. As for the longer term, the market has risen 8.9% in the past 12 months. As for the next few years, earnings are expected to grow by 12% per annum. Market details ›