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Gem Diamonds sells Letseng Star for US$16.5 million

Gem Diamonds Ltd has sold the Letseng Star, a 550ct white gem diamond recovered in August from the Letseng...

Africa

24 OCTOBER 2011

Gem may jump to third phase at Gaghoo

Strong cash flow generation, and a buoyant diamond market, may allow Gem Diamonds Ltd to grow production...

Africa

26 AUGUST 2011

De Beers reports highest ever sales

De Beers, historically the world's largest diamond producer, has unveiled its highest ever sales for...

Africa

29 JULY 2011

Increase in value on Gem projects

Gem Diamonds Ltd has reported a 45% increase of the in-situ value of its resources to US$15.5 billion...

Africa

20 MAY 2011

Gem Diamonds confirms talks with Lucara

GEM Diamonds Ltd is holding very early-stage discussions with Lucara Diamond Corp about a merger. In...

Africa

25 MARCH 2011

Gem Diamonds in talks with Lucara

Gem Diamonds Ltd says it is in very early stage discussions with Lucara Diamond Corp over a merger. ...

Africa

21 MARCH 2011

Gem Diamonds ready to grow

Gem Diamonds Ltd plans to spend US$57 million in expansion capital in 2011, and over US$150 million in...

Africa

18 MARCH 2011

Gem Diamonds profits grow by 30%

Gem Diamonds has reported a 30% growth in attributable profit for the year to end-December 2010, after...

Africa

15 MARCH 2011

Gem sales rise on record prices

Gem Diamonds Ltd recorded strong increases in sales at both its mines during the last three months of...

Africa

24 JANUARY 2011

Gem's record diamond tender

Gem Diamonds Ltd has sold two large rough diamonds for US$22.7 million to Laurence Graff, chairman of...

Africa

26 NOVEMBER 2010

Gem sells diamonds for US$22.7 million

Gem Diamonds Ltd has sold two large rough diamonds for US$22.7 million. The stones were recovered earlier...

Africa

25 NOVEMBER 2010

Gem records a profit

GEM Diamonds has made a US$37.1 million profit for the year to end-December as cost cutting helped offset...

Africa

19 MARCH 2010