Currently viewing Global edition

COVID-19 weekly updates: Resources & METS sector

COVID-19 weekly updates: Resources & METS sector

Week 33 (21/08/2020-27/08/2020)

Covid-19

28 AUGUST 2020
Gem Diamonds sees output, revenue drop

Gem Diamonds sees output, revenue drop

Letšeng could be set to re-open but diamond demand is expected to remain low.

Precious stones

21 APRIL 2020
COVID-19 weekly update

COVID-19 weekly update

What impact is COVID-19 having on mining and METS?

Covid-19

03 APRIL 2020
Higher prices give Gem Diamonds a lift

Higher prices give Gem Diamonds a lift

A marked improvement in performance by Gem Diamonds suggests the diamond market is thawing.

Precious stones

13 FEBRUARY 2020
Fading light in diamonds

Fading light in diamonds

The downward trend in pricing reflects tough conditions for luxury goods

Miner's right

15 JULY 2019
Gem keeps diamond recoveries steady

Gem keeps diamond recoveries steady

A 13.33ct pink diamond was sold for a Letšeng record of $656,933/carat

Precious stones

08 MAY 2019
Gem sells 13.33ct pink diamond for record price

Gem sells 13.33ct pink diamond for record price

Stone recovered at Letšeng sold for US$8.75M or $656,933/ct

Precious stones

14 MARCH 2019
Gem misses analyst forecasts, but ups earnings 70%

Gem misses analyst forecasts, but ups earnings 70%

Diamond miner was forecast to hand back cash but says balancing books more important

Profit & Loss

13 MARCH 2019
FTSE miners still struggling to put women on boards

FTSE miners still struggling to put women on boards

FTSE 100 majors the best at hiring female directors, but still below-par in general terms

Leadership

08 MARCH 2019
Gem nets record 100ct diamond haul

Gem nets record 100ct diamond haul

Higher volume of rough diamonds recovered during the year at Letšeng

Precious stones

08 FEBRUARY 2019
Sibanye-Stillwater appoints Kenyon-Slaney to board

Sibanye-Stillwater appoints Kenyon-Slaney to board

Gem Diamonds' non-executive chairman added as non-executive director

Leadership

21 JANUARY 2019
Lost sector-sparkle drives big diamond merger proposal

Lost sector-sparkle drives big diamond merger proposal

African miners could cut stock negatives in eight ways

M&A

12 DECEMBER 2018