Company
Gem Diamonds Limited
LON:GEMD
Gem Diamonds Limited is a leading global diamond producer of large high value diamonds. The company owns 70% of the Letšeng mine in Lesotho and is currently in the process of selling its 100% share of the Ghaghoo mine in Botswana. The Letšeng mine is famous for the production of large, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world.
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Investments and investor services
FTSE 100 swings to 35 point loss
After lunch, investors were not willing to carry much risk into the American session.
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Proactive news highlights including Abzena, UKOG, MotiveTV, Gem Diamonds, Collagen and more...
Gem Diamonds was just one of many news items on a busy day in the small cap universe.
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Gem Diamonds sells 'exceptional' white diamond
The 357 carat diamond was sold for US$19.3mln, at US$54,000 per carat
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FinnCap sees value in beleaguered mining sector
The broker said it has identified “several mining stocks that offer good value with low inherent risks at current commodity prices.”
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Gold back in the good books and Gem Diamonds
All eyes this week have been trained on the upcoming De Beers sight and ears on the market update from Alrosa.
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UPDATE - Gem Diamonds looks to cut costs as profits slump
The miner said cost control and operational efficiency would be its "ultimate focus" for the second half of 2015