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Gem Diamonds

Gem Diamonds reports full year profit of US$46.6 million

LSE-listed Gem Diamonds has announced its Full Year Results for the year ending 31 December 2018 - highlighting a Revenue of US$267.3 million.

Gem Diamonds deputy CEO leaves to pursue opportunity in the DRC

Gem Diamonds’ deputy CEO and COO, Johnny Velloza, has advised of his intention to leave the company, to take up a position as joint CEO in a large copper and cobalt company operating in the DRC.  
Gem Diamonds

Sales from Letšeng a massive boon for Gem Diamonds

LSE-listed Gem Diamonds has released its operational and sales performance for the period 1 January 2018 to 31 March 2018.

Gem Diamonds recovers another massive diamond

LSE-listed Gem Diamonds has recovered a 169 carat, top white colour Type IIa diamond from its Letšeng mine in Lesotho. This is the seventh diamond of over 100 carats recovered in 2018. Earlier in March this...
Gem Diamonds

Sale of The Lesotho Legend delights Gem Diamonds

LSE-listed Gem Diamonds has announced that the exceptional quality 910 carat D colour Type IIa diamond recovered from the Letšeng mine in Lesotho achieved a price of US$40 million on tender in Antwerp. Reflecting its...

Gem Diamonds sells Letšeng 357 carat stone for $19.3M

Lesotho - LSE-listed diamond miner Gem Diamonds has sold an exceptional 357 carat white diamond (recovered at the Letšeng mine in July 2015) for US$19.3 million, after it was tendered in Antwerp last week. Gem...

Gem Diamonds Ghaghoo production ramp-up still struggling

Botswana - The Gem Diamonds Ghaghoo operation, which has been operational for 11 months, is progressing slower than planned but recovering larger-than-expected diamonds to compensate for its lower grades. This was revealed in LSE-listed Gem...