Gem Diamonds is a leading global diamond producer with diamond mining, cutting and polishing operations throughout the world and headquartered in London. Gem Diamonds has a specific focus towards higher value diamonds, a segment of the market that its management believe will deliver superior long-term returns.
Operations
- Letšeng, Lesotho
- Gope, Botswana
- Chiri, Angola
- Mbelenge, Lubembe, Longatshimo, DRC
- Mambéré, CAR
- Ellendale, Australia
- Cempaka, Indonesia
- Gem Diamonds Technology, Dubai
- Gem Diamonds Technology, Mauritius
News & events
Gem Diamonds to place the Cempaka Mine on Care & Maintenance
15 December 2008
Gem Diamonds released its Operational Update and Trading Statement on 17th November in which the company indicated that it was reviewing the situation at the Cempaka mine in Indonesia which could lead to the low margin operation being placed on care and maintenance.
Full release...
Holdings in Company
4 December 2008
Full release (PDF - 15KB)
Long term incentive plan awards to directors under the Employee Share Options Plan
4 December 2008
Gem Diamonds, announces the following award of Performance Shares, which has been made on 3 December 2008 to Chief Operating Officer Alan Ashworth under the Employee Share Options Plan.
Full release...
Leseli La Letšeng fetches record price
2 December 2008
Gem Diamonds Limited and the Government of the Kingdom of Lesotho are pleased to announce the sale of the Light of Letšeng, a remarkable 478 carat white diamond, in Antwerp for US$18.4 million.
Full release...
Share price
LSE: GEMD
294.75p 
%
updated 06 January 2009 12:09 GMT
The Lesotho Promise
The Lesotho Promise ranked as the world’s 15th largest rough diamond and the largest diamond to emerge from the Letšeng mine to date. It is the 10th largest rough white diamond ever to be recovered. The Lesotho Promise was sold for US$12.4 million to SAFDICO, the manufacturing arm of Graff Jewellers, at an auction in Antwerp in October 2006.
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