Program aims to educate young consumers about mined stones’ positive qualities.
Company, belonging to same family as Kiran Gems, currently generates 250,000 carats per month.
Although nearly 90% feel high duties will hurt business, most do not expect to supplement with lab-grown or gemstones.
Miner also draws down $10 million on shareholder loan to fill funding shortfall for Karowe expansion.
Taxes will remain in place until October 14 to give president time to appeal to Supreme Court.
Loose stones of 0.50 carats and up that meet criteria are allowed in until September 1, 2026.
To earn Premium grade, stones must have D color and at least VVS clarity.
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Group sales for July and August up 3% year on year.
CEO David Bonaparte among delegates who have met with Trump’s senior counselor for trade and manufacturing.
Sriram Natarajan was previously managing director of the institute’s India business.