Program aims to educate young consumers about mined stones’ positive qualities.
Like-for-like valuations dropped 13% at miner’s fifth tender.
Countries will implement tougher curbs on trade and use of rough and polished, while UK has banned the stones completely.
Miner sells seven diamonds for more than $1 million each, compared to nine a year ago.
Storm Mountain recovered fancy-intense stone in Lesotho on March 23.
Company saw record first-quarter sales of $95 million.
Decline reflects currency fluctuation and unfavorable comparison with previous year’s strong figures.
Burgundy decided not to renew option at yellow-diamond site after acquiring Ekati deposit.
The recent pledge by the G7 nations to develop new measures
on Russian diamonds will have a lasting effect on the industry.
Australia-based business agrees to purchase 100% of Arctic Canadian Diamond Company.
Miner hopes revenue from 72.53-carat rough will offset decreased volume.