Gem Diamonds has now released its interim results for the year ending 2016. Revenues declined by $8.9M when compared to the first half of last year and after cost of sales also declined, the gross profit was down nearly $1M. … Continue reading
Gem Diamonds has now released their interim results for the year ending 2014. Revenues were up considerably, increasing by $52.5M to $148.9M. Cost of sales were up too, but not to the same degree so gross profits were some $35.7M … Continue reading
Gem Diamonds is split into segments where mining takes place (Lesotho and Botswana); where diamonds are manufactured (Mauritius) and sales and marketing, which takes place in Belgium. The group currently only has one producing mine, the Letseng mine in Lesotho … Continue reading