Program aims to educate young consumers about mined stones’ positive qualities.
Anglo American shaves $1.56 billion off miner’s value following 2023 losses.
Diamond miner taking cautious approach.
Former CEO will stay on in advisory capacity after helping miner with transition phase.
The country is at a pivotal point in its diamond journey, with the new deal between De Beers and the government seen as a catalyst for growth.
No changes to 2024 production plan despite weak demand.
Revenue in latest cycle falls 61% year on year.
Former business-development head replaces Sarah Kuijlaars, who resigned after three years.
South African was also CEO of miner’s parent company, Anglo American.
Weak consumer demand, lower average selling price, and rise in costs impact bottom line.
Midstream is being cautious about buying, says CEO.