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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
Ghaghoo mine Gem Diamonds
Gem Diamonds Ends Talks over Mine Sale
Gem Diamonds has terminated discussions with a potential buyer for its Ghaghoo mine in Botswana. The London-based
News Dec 12, 2017 Rapaport News
Gem Diamonds large rough
Large-Stone Demand Boosts Letšeng Results
Sales from the high-value Letšeng mine rose sharply in the third quarter as improved demand for high-value
News Oct 31, 2017 Rapaport News
Ghaghoo mine Gem Diamonds
Gem Diamonds Mulls Ghaghoo Sale
Gem Diamonds is considering an offer for its Ghaghoo mine in Botswana after discontinuing the operation earlier in the
News Aug 17, 2017 Rapaport News
Botswana Diamonds Exploration
Alrosa Gets New Botswana Exploration Permits
The Botswana government has awarded six new prospecting licenses to Sunland Minerals, a diamond exploration partnership between
News Apr 26, 2017 Rapaport News
Clifford Elphick Gem Diamonds
Gem Diamonds Scraps Bonuses After Weak 2016
Gem Diamonds’ senior managers missed out on their performance-related pay last year, as the miner slid to a loss
News Mar 15, 2017 Rapaport News
Gem Diamonds Puts Ghaghoo Mine on Hold
Gem Diamonds will stop production at the Ghaghoo mine in Botswana, effective immediately, due to a slump in prices, the
News Feb 16, 2017 Rapaport News
196ct Letseng
Letšeng Sales Fall as Large-Diamond Output Drops
Gem Diamonds said sales from its high-value Letšeng mine fell 22 percent last year as the company
News Feb 06, 2017 Rapaport News
Letseng Mine
Letšeng Prices Fall as Large Stone Supply Stumbles
The average selling price at the high-value Letšeng mine in Lesotho fell in the third quarter because of lower
News Nov 10, 2016 Rapaport News
Letśeng Average Prices Slide
Gem Diamonds reported average prices at its Letśeng mine in Lesotho dropped 16 percent in the first half due
News Jul 19, 2016 Rapaport News
Gem Diamonds' Letšeng Sales Leap
Gem Diamonds reported revenue from its Letšeng mine in Lesotho rose in the first three tenders of the
News May 17, 2016 Rapaport News
Letseng Mine
Gem Diamonds’ 2015 Revenue -8% as Prices, Sales Dip
Gem Diamonds reported revenue dropped 8 percent to $249.5 million last year as the average price of gems from
News Mar 16, 2016 Rapaport News
Letseng Mine
Gem Diamonds’ 4Q Letšeng Sales Decline as Prices Dip
Gem Diamonds sold $64.3 million worth of stones from its Letšeng mine in Lesotho in the fourth quarter
News Feb 03, 2016 Rapaport News
Letseng Mine
Gem Diamonds’ Letšeng Sales +7%, Average Price -1%
Gem Diamonds' rough diamond sales advanced 7 percent to $65.6 million year on year in the third quarter that
News Nov 11, 2015 Rapaport News
Gem Diamonds
Gem Diamonds' 1H Revenue Falls 28%
Gem Diamonds’ revenue declined 28 percent year on year to $106.3 million in the first half that ended on June
News Jul 30, 2015 Ronen Shnidman
Letseng Mine
Gem Diamonds Letšeng Sales -10% in 4Q
Gem Diamonds sales fell 10 percent year on year to $67.7 million from its high-value Letšeng mine in Lesotho
News Jan 27, 2015 Avi Krawitz
Ghaghoo Mine Opening
The Ghaghoo Narrative
The opening of the Ghaghoo diamond mine, located in Botswana’s Central Kalahari Game Reserve (CKGR), that took
Analysis Sep 12, 2014 Avi Krawitz
Gem Diamonds Opens Its Underground Ghaghoo Mine
Gem Diamonds Limited opened the Ghaghoo diamond mine in Botswana, the first underground diamond mine in the
News Sep 05, 2014 Jeff Miller
Letseng Mine
Letšeng's Reserves +64% to 2M Carats
Gem Diamonds reported a significant increase in reserves and resources at its 70 percent owned Letšeng diamond mine in Lesotho.
News Jul 16, 2014 Deena Taylor
Letseng Mine
Gem Diamonds Sees Rising Prices at Letseng Tenders
Gem Diamonds Limited reported that revenue from the Letšeng mine in Lesotho rose 75 percent year on year
News May 12, 2014 Ronen Shnidman
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Slow trading, with dealers in summer vacation mode. Bargain-hunters asking

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News analysis

Botswana once again finds itself at a crossroads. The sparsely populated,

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