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Gem Diamonds Letseng
Gem Diamonds Notes Solid Rough Demand
Gem Diamonds reported a rise in the average selling price for the first half of 2020, noting that
News Jun 18, 2020 Rapaport News
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
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
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
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
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
Large-Stone Recoveries Fall at Gem Diamonds
Gem Diamonds’ revenue faltered during the first quarter, as it recovered fewer large diamonds from its Letšeng
News May 12, 2019 Rapaport News
Gem Diamonds
Large Stones Boost Gem Diamonds Results
Gem Diamonds’ sales and profit increased in 2018 as the miner produced a record number of large stones at its
News Mar 13, 2019 Rapaport News
Gem Diamonds
Letšeng Sales Fall Amid Lower-Quality Output
Gem Diamonds’ sales slumped in the fourth quarter as the miner produced fewer valuable stones at its Letšeng
News Feb 07, 2019 Rapaport News
Gem Diamonds Letseng
Large Stones Prove Profitable for Gem Diamonds
Gem Diamonds swung to a profit in the first half of the year, boosted by the sale of large, high-quality stones
News Sep 05, 2018 Rapaport News
910ct 600
Large Stones Lift Gem Diamonds Results
Revenue at Gem Diamonds rose in the first half of the year as higher recoveries of large stones boosted the
News Aug 05, 2018 Rapaport News
Lesotho
910ct. Stone Fuels Gem Diamonds Sales
Gem Diamonds’ revenue nearly tripled in the first quarter amid strong demand for its rough and
News Apr 26, 2018 Rapaport News
Gem Diamonds 150
Gem Diamonds Jumps Back into Black
Gem Diamonds returned to profit last year, after the devaluation of an underperforming mine drove it to a loss in 2016. The
News Mar 14, 2018 Rapaport News
Lesotho
910ct. Lesotho Diamond Sells for $40M
Gem Diamonds has sold the Lesotho Legend, the 910-carat stone it unearthed at its Letšeng mine in January,
News Mar 13, 2018 Rapaport News
Gem Diamonds 150
Big Stones Lift Gem Diamonds Results
Improved production of large diamonds at the high-value Letšeng mine in Lesotho drove an increase in Gem Diamonds’ sales in 2017.
News Feb 04, 2018 Rapaport News
Letseng 910ct
Historic 910ct. Diamond Unearthed at Letšeng
Gem Diamonds has recovered a 910-carat diamond from its Letšeng mine in Lesotho, claiming it's the fifth-largest
News Jan 15, 2018 Rapaport News
Clifford Elphick Gem Diamonds
Gem Diamonds Enjoying Large-Stone Boom
As a producer of large rough stones, Gem Diamonds relies on high-end consumer demand more than many companies in the
News Nov 07, 2017 Joshua Freedman
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