Plan is response to alleged leniency on forced labor.
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Company is working on extending life of its core deposits and foresees them producing until 2055.
Christie’s accounted for six of the 10 most expensive lots.
Deal starts with 20% investment and leads to full ownership by 2032.
Process, developed in 1990s to improve color, is in common use on inexpensive, widely available gemstones.
Canada Development Investment Corporation gives $83 million loan to Burgundy Diamonds.
Longtime executive also worked for miner BHP Billiton, where he helped build up the company.
She will succeed Jean-Christophe Babin, who will step down after 25 years with the company.
Outbound shipments down 7% for the month.
Paris auction rakes in $10.5 million.
Market Comment: December 18, 2025