Burgundy Diamond Mines Ltd · ASX:BDM

Burgundy Diamond Mines — Q1 2025 Earnings Presentation

19 slides from Burgundy Diamond Mines's earnings presentation, May 1, 2025

  1. Slide 1: Q1-2025 Results Investor Presentation

    1 May 2025 ASX Announcement Q1-2025 Results Investor Presentation Calgary, Alberta – Burgundy Diamond Mines Limited (ASX:BDM) (Burgundy or the Company) has released an updated investor presentation for its first-quarter results conference call scheduled for the 1st May 2025. This announcement was au

  2. Slide 2: Q1-2025 Quarterly Results

    Q1-2025 QUARTERLY RESULTS 30th April 2025 Burgundy Diamond Mines Limited ASX: BDM BURGUNDYDIAMONDS.COM A reliable producer of ethical premium diamonds to the global luxury market

  3. Slide 3: 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

  4. Slide 4: 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

  5. Slide 5: Presenters

    PRESENTERS Q1-2025 results Kim Truter Chief Executive Officer & Managing Director Brad Baylis Chief Financial Officer Ekati wildlife 4

  6. Slide 6: Overview

    OVERVIEW 01 Operational and financial performance 02 Misery and Point Lake Development 03 2025 outlook 5 Ekati mining truck 5

  7. Slide 7: Q1-2025 Operational and financial performance

    01 Q1-2025 Operational and financial performance

  8. Slide 8: Operational Highlights

    OPERATIONAL HIGHLIGHTS Q1-2025  Lower ore mined during the quarter as mining operations Ore mined (Mwmt) Waste mined (Mwmt) transitioned from Sable to Point Lake open pit 8.00  Carats recovered lower than the prior corresponding period 6.00 due to lower ore recovery from Misery and Pt Lake 4.00 

  9. Slide 9: Sales and Financial Highlights

    SALES AND FINANCIAL HIGHLIGHTS Q1-2025  Carats sold included carry over carats from prior quarter Carats sold (Mcts) Revenue/ct sold (US$) 1.50 151  Revenue per carat lower due to inclusion of lower quality 133 carryover goods from 2024 116 109 103 1.00 90 95 93 92 86 89 83 Carats sold 62 -11% (Q1

  10. Slide 10: Balance Sheet Position

    BALANCE SHEET POSITION Balance sheet strengthened by fuel offtake arrangement Time 30-Sep-23 31-Dec-23 31-Mar-24 30-Jun-24 30-Sep-24 31-Dec-24 31-Mar-25 Commentary Property, plant, 205 239 224 232 264 136 176 equipment (US$M) • Q1 cash included one off benefit from fuel offtake agreement with Macqua

  11. Slide 11: Cash Change Details

    CASH CHANGE DETAILS December 31, 2024 to March 31, 2025 (US$M)  Cash and cash equivalent balance of US$38.8M  The major cash movements included:  US$37.3M fuel offtake arrangement with subsidiary of Macquarie Bank  US$43.9M capital expenditures, including US$35.6M for Point Lake mining preparati

  12. Slide 12: Misery and Point Lake Development

    02 Misery and Point Lake Development

  13. Slide 13: Misery Underground Mine

    MISERY UNDERGROUND MINE Active drilling targeting mine life extension Update on activities:  Misery continues to play a cornerstone role in production comprising over 60% of production.  Diamond drilling at Misery underground continued throughout Q1 aimed at expanding life of mine and resource bas

  14. Slide 14: Point Lake Open Pit Mine

    POINT LAKE OPEN PIT MINE Ekati’s next mine in Q2-2025 Update on activities:  Significant progress with overburden (mud/till) mining from lake bottom; final pit lake dewatering complete  Bulk sample from the main kimberlite is planned to be processed in May  Heavy focus/gains on productivity impro

  15. Slide 15: 2025 outlook

    03 2025 outlook 14

  16. Slide 16: 2025 Catalysts

    2025 CATALYSTS Market:  Early Indications show market sentiment improvement with like for like price improvement of ~8% to 10% from first 3 sales of the year  Introduction of US Tariffs causing uncertainty as the diamond sector continues to evaluate the impacts  The US remains the largest single

  17. Slide 17: Ensuring Liquidity Stays Robust

    ENSURING LIQUIDITY STAYS ROBUST Improving Burgundy’s cash position  Several initiatives focussed on cash management and working capital management  Double the royalty valuations (from 10-20) to smooth revenue from increased number of sales and to further shorten the diamond inventory pipeline  Fu

  18. Slide 18: ASX: BDM Investor enquiries

    ASX: BDM ABN: 33 160 017 390 www.burgundydiamonds.com Investor enquiries investor@burgundydiamonds.com Media enquiries communications@burgundydiamonds.com 17

  19. Slide 19: Mineral Resource and Ore Reserve

    MINERAL RESOURCE AND ORE RESERVE – BURGUNDY DIAMOND MINES As of 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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