By uniting heritage, innovation and responsibility, the company is setting a new benchmark for excellence.
Category: Mining
Company intends to focus on higher-value stones at Cullinan, which are in greater demand during prolonged industry downturn.
Pulling stock off public trading gives miner more flexibility for restructuring or going private.
Average amount per carat up 42% year on year at $1,501.
Supreme Court of British Columbia grants company extension on creditor protection.
Miner engages with shareholders and government as deficit nearly doubles.
Cost-reduction assessment could see company suspend further capital expenditure at the deposit.
Company posts first-quarter deficit of $14.6 million, compared to $100,000 last year.
Miner is planning to reopen the deposit in 2027.
Majority shareholder gives miner $833,000 cash up front.