Gem Diamonds Sales Slip in Weak Market

Revenue down 45% year on year in third quarter.

Letšeng Yields 117ct. Rough for Gem Diamonds

Stone is fourth over 100 carats from Lesotho mine this year.

Gem Diamonds Recovers 102ct. Rough from Letšeng

Stone is only second over 100 carats miner has unearthed this year.

Lucapa Names Nick Selby Managing Director

Former operations head took over as interim CEO following Stephen Wetherall’s departure.

Lack of Large Stones Leads to Loss for Gem Diamonds

Slowdown in demand also impacted average price, according to miner.

Gem Diamonds Revenue Slides in First Half

Lower average price and faltering demand lead to 28% drop.

Gem Diamonds Recovers 164ct. Yellow Diamond

Stone is second over 100 carats from Letšeng this year.

Gem Diamonds Revenue Shrinks Amid Dearth of Large Stones

Miner sells seven diamonds for more than $1 million each, compared to nine a year ago.

Economic Challenges Dent Gem Diamonds Full-Year Profit

High inflation, increased diesel prices and electricity interruptions resulted in 26% drop.

Gem Diamonds Unearths 122ct. Rough from Letšeng

Stone is miner’s first 100-carat-plus discovery this year.

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