52 Week Range
As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Gem Diamonds H1 Rev Falls
Gem Diamonds Says H1 Revenue $41.6 Mln
Gem Diamonds Says Sale Of Gem Diamonds Botswana
Gem Diamonds Limited is a United Kingdom-based diamond producer, which is engaged in the exploration and development of diamond mines. The Company operates diamond mining operations in Lesotho and Botswana. The Company's geographical segments include Lesotho, which is involved in diamond mining activities; Botswana, which is engaged in diamond mining activities; Belgium, which is involved in the sales, marketing and manufacturing of diamonds, and British Virgin Islands (BVI), Republic of South Africa (RSA) and the United Kingdom, which provides technical and administrative services. The Company owns the Letseng mine in Lesotho and the Ghaghoo mine in Botswana. The Company's subsidiaries include Gem Diamond Technical Services (Proprietary) Limited, Gem Equity Group Limited, Letseng Diamonds (Proprietary) Limited, Gem Diamonds Botswana (Proprietary) Limited, BDI Mining Corp, Gem Diamonds Australia Holdings and Gem Diamonds Investments Limited.
2 Eaton Gate
Independent Non-Executive Chairman of the Board
Clifford Thomas Elphick
Chief Executive Officer, Executive Director
Chief Financial Officer, Executive Director
Brandon de Bruin
Group Business Transformation Officer
Glenn E. Turner
Chief Legal and Commercial Officer, Company Secretary
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Gem Diamonds Ltd raised its full-year production target on Wednesday after reporting a 16.2 percent jump in diamonds found during the quarter, as demand and prices for white rough diamonds remained strong.
Gem Diamonds Ltd raised its full-year production target on Wednesday after reporting a 16.2 percent jump in diamonds found during the quarter, as demand and prices for white rough diamonds remained firm.
Gem Diamonds uncovered a 910 carat, colourless diamond, the fifth largest gem quality diamond ever found, it said on Monday, sending the shares up more than 10 percent.
Gem Diamonds Ltd reported on Wednesday a 47 percent fall in its full-year pretax profit, hurt by an impairment charge after it mothballed the Ghaghoo mine in Botswana due to a fall in diamond prices.
Gem Diamonds Ltd said it would place its Ghaghoo mine in Botswana under care and maintenance with immediate effect due to a fall in diamond prices.
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