Burgundy Diamond Mines Ltd · ASX:BDM
Burgundy Diamond Mines — Q2 2025 Earnings Presentation
16 slides from Burgundy Diamond Mines's earnings presentation, Aug 14, 2025
Slide 1: Q2-2025 Quarterly Results
Q2-2025 QUARTERLY RESULTS 31st July, 2025 Burgundy Diamond Mines Limited ASX: BDM BURGUNDYDIAMONDS.COM A reliable producer of ethical premium diamonds to the global luxury market
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER This Presentation is given on behalf of Burgundy Diamond Mines Limited (ASX: BDM) (ABN 33 160 017 390) (Burgundy or Company). By accepting, accessing or reviewing this Presentation, you acknowledge and agree to the terms set out in this Important Notice and Disclaimer
Slide 3: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER Financial information Certain financial data included in this Presentation is 'non IFRS financial information’ and "non-GAAP" financial measures under Regulation G of the U.S. Securities Exchange Act of 1934, as amended. These measures are used internally by managemen
Slide 4: Overview
OVERVIEW 01 Operational and financial performance 02 Ekati Path Forward 4 Ekati mining truck 4
Slide 5: Q2-2025 Operational and financial performance
Q2-2025 Operational 01 and financial performance
Slide 6: Operational Highlights
OPERATIONAL HIGHLIGHTS Q2-2025 ▪ Higher ore mined during the quarter due to ore release from Ore mined (Mwmt) Waste mined (Mwmt) the Point Lake open pit. 8.00 ▪ Carats recovered higher than the prior quarter due to higher ore recovery from Misery and Point Lake 6.00 ▪ Lower grade due to an ore blend
Slide 7: Sales and Financial Highlights
SALES AND FINANCIAL HIGHLIGHTS Q2-2025 ▪ Revenue per carat lower due to inclusion of relatively Carats sold (Mcts) Revenue/ct sold (US$) lower value Point Lake ore. 151 1.50 116 109 103 1.00 90 95 93 92 86 89 83 Carats sold -24% 62 58 (Q2-2025 vs Q1-2025) 0.50 Revenue/ct sold -6% 0.00 (Q2-2025 vs Q1
Slide 8: Balance Sheet Position
BALANCE SHEET POSITION Q2-2025 Time 31-Dec-23 31-Mar-24 30-Jun-24 30-Sep-24 31-Dec-24 31-Mar-25 30-Jun-25 Commentary Property, plant, 239 224 232 264 136 176 218 equipment (US$M) ▪ Q2 cash includes US$13.3M fuel offtake repayment to subsidiary of Other non-current Macquarie Bank, US$10.0M of capital
Slide 9: Cash Change Details
CASH CHANGE DETAILS March 31, 2025 to June 30, 2025 (US$M) ▪ Cash and cash equivalent balance of US$7.2M ▪ The major cash movements included: ▪ US$13.3M fuel offtake repayment to subsidiary of Macquarie Bank ▪ US$10.0M capital expenditures, and US$29.5M for Point Lake mining preparation $38.8 -$12.9
Slide 10: Ekati Path Forward
02 Ekati Path Forward
Slide 11: Ekati Reset: Transition to MUG-Only Operating Model
EKATI RESET: TRANSITION TO MUG-ONLY OPERATING MODEL P I V O T M I N I N G F O C U S T O M U G O N LY Point Lake C&M MUG Uplift ▪ Point Lake on care & maintenance (C&M) as ▪ Upleveling MUG production capacity of July: Bulk sample showed PL is through equipment, debottlenecking and uneconomic at curre
Slide 12: Misery Mine Life Extension of 2.5 Years
MISERY MINE LIFE EXTENSION OF 2.5 YEARS Looking Southwest ▪ Geological model update: Misery Pit ▪ Update includes additional 28 diamond drill holes and 1,380 kg of microdiamond samples ▪ Significantly expanded known orebody dimensions, demonstrating more gradual pipe taper than previously modelled ▪
Slide 13: Misery Production Significantly Improved Starting in Q2
MISERY PRODUCTION SIGNIFICANTLY IMPROVED STARTING IN Q2 UG mining rate exceeds 3,300 tpd (14% increase over 2024 average). Set multiple daily production records highlighting a clear step-change in execution and performance New record production achieved (July 13th) Improvement in ore flow and AD45 t
Slide 14: Fox Underground PFS Extends Mine Life by 14 Years with Robust Economics
FOX UNDERGROUND PFS EXTENDS MINE LIFE BY 14 YEARS WITH ROBUST ECONOMICS Well-known / low risk deposit: open pit mine (2004-2014), extensive experience with orebody, processibility, sales and marketing ▪ Ore Reserves: Increased by 2.6 Mt (~10%) and 0.3 Mct ▪ Resource model update: Updated dilution as
Slide 15: ASX: BDM Investor enquiries
ASX: BDM ABN: 33 160 017 390 www.burgundydiamonds.com Investor enquiries investor@burgundydiamonds.com Media enquiries communications@burgundydiamonds.com 15
Slide 16: Mineral Resource and Ore Reserve – Burgundy Diamond Mines
MINERAL RESOURCE AND ORE RESERVE – BURGUNDY DIAMOND MINES As at 31st December 2024 Kimberlite pipes Measured Resources Indicated Resources Inferred Resources Pipe Name Type Mt Ct/t Mcts Mt Ct/t Mcts Mt Ct/t Mcts Sable OP - - - 4.2 1.0 4.0 0.3 0.9 0.2 Point Lake OP - - - 31.7 0.8 24.0 9.6 0.8 7.3 Pho
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