Category: Mining

Average per carat down 18% to $59 for 2025.
Financing is in addition to $84.9 million it received in December.
Full-year revenue down 58% due to tariff impact and mining halt.
Company still fighting to continue as going concern.
Miner benefited from a weak ruble and cost-cutting.
Like-for-like down 20% in second quarter.
Miner in redundancy talks with around 5% of staff amid pause on expansion of the Tuzo pit.
Move reflects more negative outlook for natural diamonds.
Revenue for full year up 19% to $332 million.
Ecobank injection will create over 400 jobs at Sierra Leone site.

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