New focus on old diamond mine: Ellendale to get new lease of life Posted July 07, 2021 | By Jeweller Staff Burgundy Diamond Mines has announced that it aims to establish a new fancy colour diamond cutting and polishing facility in Western Australia as it takes control of the Ellendale Mine. We will use this capability to maximise the value of our own future fancy colour diamond production and to pursue other business opportunities in this high-value segment
Peter Ravenscroft, Burgundy Diamond Mines
In a release to the Australian Securities Exchange (ASX), the company announced “it has advanced several recent arrangements that will facilitate its evolving strategy to grow into downstream operations in the high-value Fancy Colour Diamonds sector.