Gem Diamonds

Gem Diamonds unveils cost-savings plan for Lesotho mine

Gem Diamonds unveils Lesotho mine cost-savings plan

Africa-focused miner Gem Diamonds (LSE: GEMD) announced on Tuesday a revised life-of-mine plan for its prolific Letšeng operation in Lesotho, alongside a two-year extension to the company’s revolving credit facilities. …




Gem Diamonds finds 122.2-carat stone at Letšeng mine

Gem Diamonds finds 122.2-carat stone at Letšeng mine

Africa-focused miner Gem Diamonds (LSE: GEMD) has unearthed yet another massive diamond white diamond at its prolific Letšeng mine in Lesotho, just days after another major find. The 122.2 carat Type II white…







Gem Diamonds and Lucara find first big stones of 2024

Gem Diamonds and Lucara find first big stones of 2024

Africa-focused miners Gem Diamonds (LSE: GEMD) and Lucara Diamond (TSX: LUC) have recovered big, high-quality Type IIa diamonds at their respective operations. Gem Diamonds said on Thursday it had unearthed…



Gem Diamonds sells Botswana unit for $4 million

Gem Diamonds sells Botswana unit for US$4 million

Africa-focused Gem Diamonds (LSE: GEMD) is selling its Botswana subsidiary to Okwa Diamonds, owned by Vast Resources (LSE: VAST) and Botswana Diamonds (LSE: BOD), for only US$4 million.  Okwa Diamond’s main target…


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