[4] Burgundy Diamond Mines Limited was initially known as EHR Resources Limited, an exploration company focused on a single gold and silver project, and publicly traded on the Australian Stock Exchange (ASX:EHX) since January 3, 2013.

The company decided not to exercise the option to acquire the Ellendale Diamond Project on March 20, 2023.

[6] In July 2022, Burgundy launched its luxury diamond brand Maison Mazerea.

[3] In September 2024, Burgundy paused its plans to develop an underground project at one of the Ekati diamond mine's pits.

Some of their requests to the NWT include lowering the amount of money the mine must set aside for reclamation costs and a guarantee that Ekati's impact benefit agreements will be grandfathered in when the Mineral Resources Act is revised, which would help Burgundy avoid any new requirements to pay Indigenous groups impacted by the mine.