Category: Mining

Supreme Court of British Columbia grants company extension on creditor protection.
Miner engages with shareholders and government as deficit nearly doubles.
Cost-reduction assessment could see company suspend further capital expenditure at the deposit.
Company posts first-quarter deficit of $14.6 million, compared to $100,000 last year.
Miner is planning to reopen the deposit in 2027.
Majority shareholder gives miner $833,000 cash up front.
Burgundy reaffirms its belief in deposit’s long-term viability.
Miner estimates 42.9 million tonnes, a 6% increase from earlier report.
Restatement of rough index shows impact of 2025 “stock rebalancing.”
Current and former members of the diamond industry are vying to acquire the miner. How will the sale impact the market?

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