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Gem Diamonds
Big-Stone Recoveries Return as Letšeng Reopens
Gem Diamonds has recovered a number of large, high-quality stones at its Letšeng mine in Lesotho, all found in the
News May 05, 2020 Rapaport News
Gem Diamonds
Gem Diamonds Restarts Letšeng Operations
Gem Diamonds will recommence full operations at its Letšeng deposit in Lesotho after the government permitted the
News Apr 26, 2020 Rapaport News
Miners
Heavy Debt Looms over Mining Shutdown
A number of diamond-mining companies that have halted production during the COVID-19 crisis will find it difficult to resume
News Apr 23, 2020 Leah Meirovich
Gem Diamonds
Gem Diamonds Sales Drop in First Quarter
Gem Diamonds’ revenue slipped in the first quarter, as the coronavirus weighed on the average price of rough diamonds
News Apr 21, 2020 Rapaport News
Gem Diamonds
Letšeng Average Price Drops 6% in 1Q
Gem Diamonds’ average selling price fell 6% to $1,615 per carat in the first quarter compared with the
News Apr 06, 2020 Rapaport News
Gem Diamonds
Gem Diamonds Flexible Tender Fetches $12M
Gem Diamonds garnered $12.1 million from the sale of rough diamonds through its new flexible tender
News Apr 01, 2020 Rapaport News
Gem Diamonds
Gem Diamonds Tender Prices Drop 18%
Prices at Gem Diamonds’ latest small-stone tender dropped 18% versus its previous sale in November due to the
News Mar 19, 2020 Rapaport News
Miners coronavirus
Production Continues as Miners Fight Virus Impact
Alrosa, Petra Diamonds and Lucara Diamond Corp. are among the companies putting special procedures in place
News Mar 19, 2020 Leah Meirovich
gem diamonds rough in tweezers 150 new
Gem Diamonds Profit Falls in 2019
Gem Diamonds’ profit dropped last year amid lower large-stone recoveries and a drop in the average price.Profit
News Mar 12, 2020 Rapaport News
Gem Diamonds
Gem Diamonds Retrieves Another Five Big Stones
Gem Diamonds has recovered five large, high-quality stones at its Letšeng mine in Lesotho, continuing a strong first
News Mar 08, 2020 Rapaport News
Gem Diamonds
Letšeng Mine Yields 114ct. Rough
Gem Diamonds has recovered a white diamond weighing 114 carats at its Letšeng mine in Lesotho, the second
News Mar 04, 2020 Rapaport News
Gem Diamonds
Gem Diamonds Sees Sales Decline in 2019
A drop in the recovery of large stones and a decline in the average price achieved for rough from the
News Feb 16, 2020 Rapaport News
Gem Diamonds 183 Carat 150
Gem Diamonds Unearths 183ct. Rough
Gem Diamonds has recovered a white diamond weighing 183 carats at its Letšeng mine in Lesotho, the first
News Feb 04, 2020 Rapaport News
Gem Diamonds
Gem Diamonds Digs Up 114ct. Yellow
Gem Diamonds has recovered a 114-carat yellow diamond at its Letšeng mine in Lesotho, the fourth of that color
News Dec 10, 2019 Rapaport News
Gem Diamonds
Gem Diamonds Firm on No-Dividend Policy
Nearly a quarter of Gem Diamonds’ shareholders voted against reelecting CEO Clifford Elphick to the company’s board, in an effort
News Dec 01, 2019 Rapaport News
Gem Diamonds
Letšeng Yields Two Diamonds Above 100ct.
Gem Diamonds has recovered two diamonds weighing more than 100 carats from its Letšeng mine
News Nov 24, 2019 Rapaport News
Gem Diamonds
Gem Diamonds Lowers Full-Year Outlook
Gem Diamonds has reduced its sales guidance for the year, as a problem with its high-value satellite
News Nov 06, 2019 Rapaport News
Gem Diamonds
Letšeng Yields 161ct. Rough
Gem Diamonds has recovered a diamond weighing 161 carats from its Letšeng mine in Lesotho. The miner
Oct 29, 2019 Rapaport News
Letseng diamonds
Lesotho Renews Letšeng Lease
Gem Diamonds has obtained a 10-year lease to continue mining at the lucrative Letšeng deposit in Lesotho, but will
News Oct 06, 2019 Rapaport News
Gem Diamonds
Gem Diamonds Unearths 127ct. Rough
Gem Diamonds has recovered a diamond weighing 127 carats from its Letšeng mine in Lesotho. The miner
News Sep 18, 2019 Rapaport News
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