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Gem Diamonds Ltd (GEMD) Ord SHS USD0.01

Sell:12.55p Buy:13.75p 0 Change: 0.58p (4.40%)
Market closed Prices as at close on 17 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:12.55p
Buy:13.75p
Change: 0.58p (4.40%)
Market closed Prices as at close on 17 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:12.55p
Buy:13.75p
Change: 0.58p (4.40%)
Market closed Prices as at close on 17 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Gem Diamonds Limited is a United Kingdom-based global producer of high value diamonds. The Company owns around 70% of the Letseng mine in Lesotho. The Letseng mine is famous for the production of large, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world. In addition, Letseng has produced high quality pink and blue diamonds. Its segments include Lesotho; Belgium; BVI, RSA, UK and Cyprus, and Botswana. Lesotho segment is engaged in diamond mining activities. Belgium segment is engaged in sales, marketing and manufacturing of diamonds. BVI, RSA, UK and Cyprus segment is engaged in technical and administrative services. Botswana segment is engaged in diamond mining activities (on care and maintenance). It owns the Ghaghoo mine in Botswana. Its subsidiaries include Gem Diamond Technical Services (Proprietary) Limited, Letseng Diamonds (Proprietary) Limited, Gem Diamonds Botswana (Proprietary) Limited and Gem Diamonds Investments Limited.

Contact details

Address:
2 Eaton Gate
LONDON
SW1W 9BJ
United Kingdom
Telephone:
+44 (020) 30430280
Website:
https://www.gemdiamonds.com/

Important dates

Future events
There are no future events available.
Past events
AGM 05 June 2024 05/06/24
Annual report 26 April 2024 26/04/24
Trading Announcement 25 April 2024 25/04/24
Final results 14 March 2024 14/03/24
Trading Announcement 01 February 2024 01/02/24
Interim results 31 August 2023 31/08/23
Trading Announcement 22 August 2023 22/08/23

General stock information

EPIC:
GEMD
ISIN:
VGG379591065
Market cap:
£17.46 million
Shares in issue:
139.72 million
Sector:
Mining
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
n/a

Key personnel

  • Clifford Elphick
    Chief Executive Officer, Executive Director
  • Michael Michael
    Chief Financial Officer, Executive Director
  • Brandon de Bruin
    Chief Operating Officer
  • Kiki Constantopoulos
    Group Financial Controller and Company
  • Minelle Zech
    Group Human Resources Executive
  • Jaco Houman
    Senior Manager - Technical and Projects

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.