CAD3M private placement announced – KENNADY DIAMONDS INC.

Major African producer will join Antwerp as an origin certifier of rough diamonds for export to the group.

McKinsey & Co. consultants say current downturn presents significant challenges, but it also offers a chance for reinvention.

The fund will receive the new diamonds by the end of 2024.

The phased approach will begin with an 18-month initial phase focused on excavating and dredging five existing pits.