May 8, 2025

Marine Transportation Services (MTS) has set its cargo rates for customers for the 2025 sailing season, with a focus on simplifying and standardizing pricing.

Key changes for 2025 include:

• General rate adjustment: All general cargo rates have been adjusted for the annual Consumer Price Index (CPI).
• Simplified rate structure: Category-specific rates have been removed. All cargo will now be billed under the general cargo rate, based on the actual size and weight of the shipment.
  • In previous seasons, MTS used a quantity billing system whereby, for example, all snowmobiles would have been charged at the same rate regardless of size and weight. In 2025, customers will be billed by revenue tonne, meaning that those shipping smaller snowmobiles will pay less than those shipping larger snowmobiles.
• Standardized container pricing: Rates for containerized cargo are now based on standard exterior container dimensions of 20 feet long by 8 feet wide by 8 feet 6 inches high, ensuring consistency and pricing transparency.
  • This change of approximately 4% on containers only will correct historical undercharging for this category. It was previously based on a smaller, inaccurate container size.

These updates are designed to streamline the billing system and make it more equitable for all MTS customers.

Cut-off dates for cargo acceptance will be announced at a later date. To ensure the success of the 2025 sailing season, MTS staff are developing contingency plans on potential obstacles to operations and working with the hydrology team at the Department of Environment and Climate Change to monitor water levels.

For media requests, please contact:

Infrastructure Communications
Department of Infrastructure
Government of the Northwest Territories
INF_Communications@gov.nt.ca

NT4

Burgundy Diamond Mines Limited (ASX:BDM) today announced the release of its 2024 Socio-Economic (SEA) Report, highlighting the company’s achievements and progress in the areas of safety, operations and social impact, in relation to Ekati Diamond Mine.

The annual report articulates Burgundy’s commitment to aligning business practices and a mutual objective to provide economic benefits to the North, under the Mineral Resources Act requirements with the Government of the Northwest Territories.

“This report underscores our commitment to responsible mining, the collaborative relationships we maintain with our northern stakeholders and the government, and our contributions to communities through donations, sponsorships and employment opportunities,” said Kim Truter, CEO of Burgundy Diamond Mines. “As the largest G7 producer of natural diamonds, we will also continue to actively manage the environmental footprint associated with our operations and govern our business in a transparent, ethical and accountable manner, to the benefit of all our stakeholders.”

2024 Socio-Economic Highlights:

• Contributed $5.1 million across Canada’s North through Impact Benefit Agreement payments, community donations and sponsorships.
• Employed 1,242 individuals, including 700 employees and 542 contractors; 28% were northern, of which 60% were northern Indigenous.
• Spent $431 million on business expenditures of which 68% was spent with Indigenous partners and other northern businesses; Indigenous spend accounted for 49% of Burgundy’s total spend.
• Invested in people through safety programs, training and apprenticeships, among other initiative; 51 individuals were recognized for their innovative ideas to improve safety across our operations.
• Cemented Burgundy’s position as the largest G7 producer of natural diamonds, supplying 4% of global rough diamonds.
• Achieved 100 million carats mined over 26 years of ongoing production at Ekati Diamond Mine.

To view the full report please visit www.burgundydiamonds.com/reports-resources/.

Note: All figures presented in this release are in Canadian dollars and include performance results and metrics across all of Burgundy’s operations, including Ekati Diamond Mine, the company’s rough diamond sales office in Antwerp, Belgium and diamond cutting and polishing facility in Perth.

Ekati Diamond Mine aerial view.

About Burgundy Diamond Mines Limited

Burgundy Diamond Mines is a premier independent global scale diamond company focused on capturing the end-to-end value of its unique vertically integrated business model. Burgundy’s innovative strategy is focused on capturing margins along the full value chain of the diamond industry, including mining, production, cutting and polishing, and the sale of diamonds. By building a balanced portfolio of diamond projects in favourable jurisdictions, including the globally ranked Canadian mining asset, Ekati, and a diamond cutting and polishing facility in Perth, Burgundy has unlocked access to the full diamond value chain. This end-to-end business model with total chain of custody provides traceability along every step of the process, with Burgundy able to safeguard the ethical production of the diamonds from mining to marketing and discovery to design. Burgundy was founded in Perth, Western Australia. The company is led by a world-class management team and Board.

Caution regarding Forward Looking Information
This document contains forward looking statements concerning Burgundy Diamond Mines Limited. Forward looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward-looking statements as a result of a variety of risks, uncertainties and other factors. Forward looking statements in this document are based on Burgundy’s beliefs, opinions and estimates as of the dates the forward-looking statements are made, and no obligation is assumed to update forward looking statements if these beliefs, opinions or estimates should change or to reflect other future developments.

NT5