Program aims to educate young consumers about mined stones’ positive qualities.
Declining grades, illegal mining and rebel activity will affect quality mix and cash flow in 2026, company says.
Miner sells 36 of 37 lots for total of $26.8 million.
Reopening of Kagem emerald mine and cost-saving measures partially offset deficit.
Demand uneven, skewing away from lower-quality, smaller goods.
90% of lots found buyers in latest sale, averaging $279 per carat.
Longtime executive also worked for miner BHP Billiton, where he helped build up the company.
Miner sells 3.4 million carats for $25.4 million in latest sale of commercial-quality goods.
Illegal miners marched on site gate and attacked authorities, company says.
Sale features medium to commercial grades from recently developed mining area.
First-half loss primarily due to fewer high-grade rubies from Montepuez and the impact of a 15% export duty on emeralds from Zambia.