It plans to reduce operating costs by $1.4-$1.6 million monthly and cut 20% of it workforce at its Letšeng mine in Lesotho.

Cheap man-made diamonds are making life harder for miners, flooding the market with gems nearly indistinguishable from ...

OTHER Gem keeps diamond recoveries steady A 13.33ct pink diamond was sold for a Letšeng record of $656,933/carat Jacqueline Holman 13.33ct pink diamond sold for a record $656,933/ct 08 May 2019 ...

Spence Diamonds sells both lab-grown and mined gems. Spence Diamonds “The people we see in their 20s and 30s shopping for engagement and bridal rings say value is extremely important to them.

LSE-listed Gem Diamonds has recovered a 126.21 ct Type II white diamond at the Letšeng mine, in Lesotho, on September 6. This is the twelfth diamond greater than 100 ct recovered at the mine this ...

Indian lab diamond makers exported 4.04 million carats between April and October 2023, a 42 percent year-on-year increase, according to India's Gem and Jewellery Export Promotion Council (GJEPC).

London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, says it will maintain its full-year guidance on carat recoveries and sales, despite lowering its guidance for ...

It's described as "gem quality, Type IIa," and its dimensions are 65 by 56 by 40 millimetres. One carat is equal to a fifth of a gram, so Lucara's 1,111-carat diamond weighs 222 grams.

H1 pretax profit $79 mln vs $7.8 mln Revenue up 89 pct to $196.5 mln Aug 19 (Reuters) - Gem Diamonds Ltd said its first-half pretax profit surged 10 times, helped by higher rough diamond prices ...

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