CALGARY, Alberta, July 25, 2024 (GLOBE NEWSWIRE) -- Burgundy Diamond Mines (ASX:BDM) (Burgundy or the company) provided its financial and operating results for the second quarter (Q2-2024) ended June 30, 2024, to the Australian Stock Exchange on July 26, 2024. Burgundy Diamond Mines achieved significant progress in several key areas this quarter. The company's dedication to potential mine life extensions is demonstrated by active drilling programs at the Sable and Misery mines, as well as advancing the Sable and Fox underground updated prefeasibility studies. Additionally, the company increased ore mined for the quarter compared to Q2-2023 and maintained competitive sale prices in a subdued diamond market. The future Point Lake open pit operation is nearing completion, with the final dewatering phase underway and all necessary permits secured. Second quarter highlights (three months ended June 30, 2024)1 All currency unless otherwise noted, is presented in US dollars. EBITDA: $26 million (unaudited) Tonnes processed: 1.01 million tonnes, decreased by 9% (Q2-2023: 1.11 million tonnes) Carats recovered: 1.22 million, decreased by 10%, in line with the decrease in tonnes processed (Q2-2023: 1.36 million) Carats sold: 1.03 million over three sales events, ...