Program aims to educate young consumers about mined stones’ positive qualities.
Decrease in revenue, impairment charge and “significant” expense on underground transition take toll.
Manufacturer will purchase all diamonds over 10.8 carats and give miner a share of polished profit.
Country will buy 24% of HB Antwerp and will see profit from sale of polished.
The ongoing Russian-sanctions saga and two big deals for Botswana are among the hot topics for 2024.
Miner forecasts 2024 revenue increase.
Oded Mansori is no longer managing partner; legal proceedings underway.
Departing chief is one of miner's original founders.
Second-quarter decline also reflected shift to lower-value production.
Investment in HB Antwerp will not affect long-standing partnership with miner, government says.
First-quarter sales and profit dropped amid price decline and weakening of product mix.