GEM DIAMONDS IS A LEADING PRODUCER OF HIGH-VALUE DIAMONDS

The Group owns the Letšeng diamond mine in Lesotho and the Ghaghoo mine in Botswana, with Head Offices in the United Kingdom and Sales Marketing and Manufacturing capabilities in Belgium.

The Letšeng mine is renowned for its production of large, top colour, exceptional white diamonds, making it the highest average dollar per carat kimberlite diamond mine in the world.

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Latest at Gem Diamonds

A 357 carat light brown high quality diamond has been recovered from Letšeng, which is the 13th diamond of over 100 carats to be recovered in 2018.

04 May 2018

2017 Annual Report and Notice of 2018 Annual General Meeting

The Company announces that it has published its 2017 Annual Report and Notice of 2018 Annual General Meeting.

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Our Strategy

An intentional evolution of our business has facilitated in maximising the value extracted from our operations, enabling the delivery of sustainable returns for our investors while optimising the benefit for our communities and minimising our impact on our environment.

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Business transformation

We are shaping our business for a profitable and sustainable future for the benefit of all our stakeholders by enhancing the efficiency of our operations. The Business Transformation process is progressing well and the cumulative 2021 target of US$100 million in revenue, productivity and cost savings is on track.

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Technology and innovation

We continue to explore and evaluate new technologies to enhance diamond recovery and extract maximum value with good progress being made in the development of key technologies to 1) identify locked diamonds within kimberlite and ii) to liberate diamonds using a non-mechanical process. These technologies are aimed primarily at reducing diamond damage, reducing costs and improving earnings.

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