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Gem Diamonds slashes guidance after operational woes in Q3

Gem Diamonds slashes guidance after operational woes in Q3

Shares down 12% in London on Thursday morning

Precious stones

28 OCTOBER 2021
Diamond quality underpins Gem H1 numbers

Diamond quality underpins Gem H1 numbers

Africa-focused producer continues to target strong margins from Letšeng

Profit & Loss

03 SEPTEMBER 2021
COVID-19 weekly updates: Resources & METS sector

COVID-19 weekly updates: Resources & METS sector

Gem Diamonds' Letseng mine in Lesotho remains operational during the country's latest lockdown

Covid-19

15 JANUARY 2021
Letseng mine to continue amid Lesotho lockdown

Letseng mine to continue amid Lesotho lockdown

Country moves to code red

Covid-19

14 JANUARY 2021
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
Firestone latest victim of diamond slump

Firestone latest victim of diamond slump

Firestone hopes de-listing and a board cull will help it weather the storm

Precious stones

25 FEBRUARY 2020
Record diamond production for Lucapa

Record diamond production for Lucapa

Company says tough year for diamond market ended on positive note

Precious stones

06 JANUARY 2020
Lesotho diamond miner posts profit

Lesotho diamond miner posts profit

Modest first-half profit and a strong start to the December half

Precious stones

03 SEPTEMBER 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
Firestone on track for full-year guidance

Firestone on track for full-year guidance

Recovery in March quarter down due to mining at lower-grade section of Liqhobong

Precious stones

25 APRIL 2019
Firestone recovers three large diamonds

Firestone recovers three large diamonds

72ct yellow, makeable diamond is second above 70ct found this year

Precious stones

08 APRIL 2019
Firestone limits H1 losses, ups production

Firestone limits H1 losses, ups production

Production and costs on track to meet guidance

Profit & Loss

28 MARCH 2019