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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
COVID-19 weekly update

COVID-19 weekly update

A look at what's happened around the world this week in mining and METS.

Politics

27 MARCH 2020
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
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
Gem ups Letšeng recovery, guidance

Gem ups Letšeng recovery, guidance

Diamond recovery guidance increased to 120,000-124,000ct

Precious stones

31 OCTOBER 2018
Gem large diamond recoveries reach 13

Gem large diamond recoveries reach 13

A 357ct light brown high-quality diamond recovered from Letšeng

Precious stones

16 OCTOBER 2018
Strong Letšeng operations boost Gem financials

Strong Letšeng operations boost Gem financials

Business transformation process progressing well

Profit & Loss

05 SEPTEMBER 2018
Gem large diamond recoveries reach a dozen

Gem large diamond recoveries reach a dozen

Newest recovery is a 138ct top white colour type 2a stone

Precious stones

15 AUGUST 2018
Gem large diamond recoveries enter double digits

Gem large diamond recoveries enter double digits

Eleventh large stone recovered at 100.5ct from Letšeng

Precious stones

27 JULY 2018