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Gem Diamonds Limited is a firm primarily engaged in diamond extraction, with its flagship operation being the Letšeng mine, situated in the Maluti Mountains of Lesotho. Beyond mining, the company is active across the entire diamond value chain, encompassing the production, manufacturing, wholesale, retail, and marketing of both raw and finished diamonds. It also extends its expertise through consulting services in technical, financial, administrative, and management domains. The company's operational footprint spans Lesotho, Belgium, the British Virgin Islands, the Republic of South Africa…
Gem Diamonds Limited (GMDMF) Q4 2025 Earnings Call Prepared Remarks Transcript
The Malawi-based miner's flagship deposit remains the world's largest natural rutile reserve Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM),...
Shares in Gem Diamonds Limited (LSE:GEMD, OTC:GMDMF)) fell 18% to 3.78p on Wednesday after the company reported a $104 million attributable loss for 2025, driven by a $77.5 million writedown of the carrying value of its Letšeng mine in Lesotho. Revenue fell to $98.4 million from $154.2 million in 2025, while underlying EBITDA (earnings before interest, tax, depreciation and amortisation) collapsed to $3.9 million from $29.7 million.
Coinsilium Group Limited (AQSE:COIN, OTCQB:CINGF, FRA:5CT) CEO Eddy Travia talked with Proactive's Stephen Gunnion about the company’s strategic move into...
Shares in Gem Diamonds Limited (LSE:GEMD, OTC:GMDMF)) fell 18% to 3.78p on Wednesday after the company reported a $104 million attributable loss for 2025,...