Program aims to educate young consumers about mined stones’ positive qualities.
Current supply terms to remain in place through December 2024.
Miner extends latest tender due to “unusual market conditions.”
Momentum continues amid solid rough demand.
De Beers’ revenue rose by almost a quarter in the first half of 2022, but the miner gave a more somber outlook for the rest of the year as polished demand has slowed.
With Covid-19 no longer a plausible reason, the industry is starting to suspect that a thorny issue is preventing the miner and the government from finalizing a new sales agreement.
Rough shipments weaken in mixed June for the sector.