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Gem Diamonds sees output, revenue drop

Gem Diamonds saw revenue and output fall in the March quarter, and increasingly challenging diamond market conditions are unlikely to make life any easier in the near term for the London-listed miner.

Gem Diamonds sees output, revenue drop Gem Diamonds sees output, revenue drop Gem Diamonds sees output, revenue drop Gem Diamonds sees output, revenue drop Gem Diamonds sees output, revenue drop

Gem Diamonds' Letseng mine is located in the Maluti Mountains of Lesotho

Production from the company's Letšeng mine in Lesotho was 26,110 carats in the March quarter, down 12% quarter on quarter.