Burgundy Diamond Mines Ltd · ASX:BDM
Burgundy Diamond Mines — Investor Presentation (August 2023)
24 slides from Burgundy Diamond Mines's investor presentation, Aug 3, 2023
Slide 1: Corporate presentation
Corporate presentation August 2023 Burgundy Diamond Mines Limited ASX: BDM Burgundy-diamonds.com Premier integrated end-to-end diamond company 1
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: Table of contents
Table of contents Investment highlights Section 1: Corporate overview Section 2: Burgundy’s business model Section 3: Overview of Ekati Diamond Mine Section 4: Operational update Section 5: Mine life additions Appendix 4
Slide 5: Investment highlights
Investment highlights Ekati is a globally significant, tier 1 asset in a low-risk jurisdiction Ekati has a long history of production with exceptional operational and financial metrics Ekati’s Mineral Resource of ~148 Mcts underpins viable conventional mine life extension opportunities Vertically in
Slide 6: Section 1: Corporate overview
Section 1: Corporate overview
Slide 7: Corporate overview
Corporate overview Burgundy is a resources company focused on the mining, production, cutting, polishing and sale of diamonds Company overview Share price performance5 (since re-compliance listing) ▪ Burgundy Diamond Mines (Burgundy or the Company) is focused Volume (m)(RHS) Share price (A$/sh)(LHS)
Slide 8: Board and management
Board and management A seasoned board and management team, equipped with expertise to enhance operational performance Management Board Kim Truter | Chief Executive Officer and Managing Director Kim Truter | Chief Executive Officer and Managing Director 35 years of mining experience in both surface a
Slide 9: Corporate strategy
Corporate strategy Strategy underpinned by three achievable objectives 1 Ekati operations ✓ Mine life additions – multiple conventional open pit and During Burgundy’s underground options are being explored to support due diligence period, significant mine life extension several areas of ✓ Operationa
Slide 10: Section 2: Burgundy's business model
Section 2: Burgundy’s business model Burgundy’s Coeur de Mazarin necklet featuring two Ekati Fancy Yellow Diamonds. This piece of jewellery was made in partnership with Solid Gold Diamonds
Slide 11: Vertically integrated business model
Vertically integrated business model Burgundy can generate substantial added value downstream from only a handful of special diamonds Vertically integrated business model Diamond value chain 1 2 3 Exploration and production Cutting and polishing Diamond sales Exploration activities focused on existi
Slide 12: Section 3: Overview of Ekati Diamond Mine
Section 3: Overview of Ekati Diamond Mine
Slide 13: Canada's premier diamond mine
Canada’s premier diamond mine Ekati is a globally significant, tier 1 asset in a low-risk jurisdiction Mine overview History of Ekati ▪ Ekati is Canada’s first surface and underground diamond ▪ 1981: Exploration and development work commenced mine ▪ October 1998: Ekati delivers first rough diamond p
Slide 14: Tier 1 asset of global significance
Tier 1 asset of global significance Asset highlights Ekati mining deposits ✓ Top 10 diamond mine globally based on production carats recovered in 2022 ✓ Top 3 diamond mine globally based on Mineral Resources1 ✓ In 2022, 4.2 Mcts were sold from Ekati, delivering US$494m in revenue and US$200m in adju
Slide 15: Access and infrastructure
Airstrip and Access and infrastructure overview of the Main Camp Ekati is supported by a robust infrastructure framework Access – winter ice road ▪ Road access to Ekati is by winter ice road that is seasonal in nature ▪ The ice road is ~475km long, constructed largely (~86%) across lakes and connect
Slide 16: Ore Reserves and Mineral Resources
Ore Reserves and Mineral Resources Ekati’s mine life and extension options are underpinned by Ore Reserves of ~26 Mcts and Mineral Resources of ~148 Mcts1 Ore Reserves – December 31, 2022 Kimberlite Pipes Probable Ore Reserves Project / operation Type Tonnes (millions) Grade (cpt) Carats (millions)
Slide 17: Section 4: Operational update
Section 4: Operational update
Slide 18: Strong operational performance
Strong operational performance Ekati has recovered 9.6 million carats since operations were restarted in February 2021 Commentary Ore mined (Mwmt) ▪ Ekati operated continuously until March 2020, when COVID-19 prompted the 1.5 Tonnes mined (Mwmt) previous owner Dominion to temporarily suspend operati
Slide 19: Section 5: Mine life additions
Section 5: Mine life additions
Slide 20: Adding to a robust mine plan
Adding to a robust mine plan Sable Open Pit and Misery Underground to deliver most of the production at Ekati until 2025 when Point Lake becomes active Base mine plan Future additions to the base mine plan ▪ Ekati’s current mine plan is underpinned by Ore Reserves of 15.8 Mcts1 • Four conventional m
Slide 21: Technology generated exploration
Technology generated exploration Re-exploring a highly endowed kimberlite field with a novel and successful approach Commentary Ekati property mapped with planned drilling Although Ekati has a sufficient level of existing Mineral Resources and Ore Reserves on the property, a number of compelling exp
Slide 22: Appendix
Appendix
Slide 23: Peer comparison information
Peer comparison information Production, Mineral Resources and Ore Reserves of peers 2021 production volume, Mineral Resources1 and Ore Reserves table Project 2021 production volume, Mineral Resources and Ore Reserves References 2021 production volume Mineral Resources Ore Reserves Company Project Lo
Slide 24: Burgundy Diamond Mines Limited
Burgundy Diamond Mines Limited ASX: BDM ABN: 33 160 017 390 www.burgundy-diamonds.com www.arcticcanadian.ca Contact P: +61 8 6313 3945 info@burgundy-diamonds.com Level 25 South32 Tower 108 St Georges Terrace Perth WA 6000 AUSTRALIA
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