Gem Diamonds finds 172.06 ct stone at Letšeng
Africa-focused miner Gem Diamonds (LSE: GEMD) has unearthed a 172.06 ct Type II white diamond at its prolific Letšeng mine in Lesotho, just days after another major find. The diamond, recovered…
Gem Diamonds
Gem Diamonds finds sixth 100+ carat stone this year
Africa-focused miner Gem Diamonds (LSE: GEMD) has unearthed a 212.9-carat Type II white diamond at its prolific Letšeng mine in Lesotho, less than a month after a previous major find. The diamond,…
Lucapa to sell majority stake in Lesotho diamond mine
Australia’s Lucapa Diamond (ASX: LOM) has put its 70% stake in the Mothae mine in Lesotho up for sale to focus on its core assets and is discussing options for the 30%…
Gem Diamonds finds yet another big stone in Lesotho
Africa-focused miner Gem Diamonds (LSE: GEMD) has unearthed a new major Type II white diamond at its prolific Letšeng mine in Lesotho, barely six days after the previous find. The 118.74-carat…
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…
Botswana Diamonds to begin production in South Africa
A test-run at Botswana Diamonds‘ (LSE: BOD) Marsfontein project in South Africa has positioned the company to begin commercial production at Thorny River later this year, it said on Thursday….
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…
Gem Diamonds ends 2020 with a bang as demand improves
Africa-focused Gem Diamonds (LSE: GEMD) ended 2020 in much better shape than many of its peers as it recorded revenue growth driven mostly by a sharp recovery in prices and sales…
Diamonds Snapshot: Seven small diamond producers and explorers to watch
The Covid-19 pandemic has choked off revenue for diamond producers and funding for diamond juniors for much of the year. But with the diamond trade slowly starting to reopen and…
Lucapa Diamond restarts Mothae mine in Lesotho
Australia’s Lucapa Diamond (ASX: LOM) is restarting operations at its Mothae mine in Lesotho, Africa, which had been halted since late March to help curb the spread of the coronavirus. The Perth-based company said it plans…