Gem Diamonds

Despite a 12% year-on-year decrease in recovered carats to 41 695 ct for the first six months of this year, London-listed Gem Diamonds recorded a 33% year-on-year increase in sales value to... 

Diamond miner Gem Diamonds recorded revenue of $32.1-million for the quarter ended March 31, supported by the sale of large, high-value diamonds recovered at its Letšeng mine, in Lesotho. During... 

Like most diamond miners, London-listed Gem Diamonds has been experiencing marked weakness in the diamond market, which led to the company reporting a loss of $9.1-million before exceptional items... 

London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, recovered 90 354 ct of diamonds and sold 88 381 ct of diamonds in the financial year ended December 31.  While... 

London-listed Gem Diamonds, which operates the Letšeng mine, in Lesotho, reports that decisive measures to conserve cash have been completed, with the anticipated $1.5-million in monthly saving... 

London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, has swung to an attributable loss of $11.7-million for the six months ended June 30, on the back of a $10.7-million... 

London-listed Gem Diamonds’ share price fell by more than 22% on July 23 after the company announced plans to scale back operations at its Letšeng mine, in Lesotho, to reduce costs in a difficult... 

London-listed Gem Diamonds’ focus on cost containment, operational efficiencies and appropriate capital allocation yielded pleasing results for the financial year ended December 31, 2024, despite a... 

London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, recovered 24 461 ct of diamonds in the fourth quarter of 2024, taking full-year production to 105 012 ct. Although... 

London-listed Gem Diamonds has announced a revised life-of-mine plan for its Letšeng mine, in Lesotho, as well as a two-year extension to the group’s revolving credit facilities.  The revised plan... 

London-listed Gem Diamonds, which operates the Letšeng diamond mine in Lesotho, generated revenues of $42.7-million from the sale of 26 627 ct of diamonds in the quarter ended September 30. This...