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Gem Diamonds Ltd (GEMD) Ord SHS USD0.01

Sell:8.80p Buy:9.06p 0 Change: 0.43p (4.76%)
Market closed Prices as at close on 28 March 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:8.80p
Buy:9.06p
Change: 0.43p (4.76%)
Market closed Prices as at close on 28 March 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:8.80p
Buy:9.06p
Change: 0.43p (4.76%)
Market closed Prices as at close on 28 March 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 diamonds producer. The Company owns the Letseng diamond mine in Lesotho and the Ghaghoo mine in Botswana. The Letseng mine is located in the Maluti Mountains of Lesotho and it recovers Type II diamonds. Letseng has also produced pink and blue diamonds. The Ghaghoo mine, situated near the south-eastern border of the Central Kalahari Game Reserve. The mine consists of a 10.4 hectares (ha) kimberlite pipe. Diamonds produced at Ghaghoo are of a commercial and lower value and size than those from Letseng. The Company’s subsidiaries include Gem Diamond Technical Services (Proprietary) Limited, Letseng Diamonds (Proprietary) Limited, Gem Diamonds Botswana (Proprietary) Limited and Gem Diamonds Investments Limited. Gem Diamond Technical Services (Proprietary) Limited is engaged in technical, financial and management consulting services.

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
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
AGM 07 June 2023 07/06/23
Annual report 28 April 2023 28/04/23
Quarterly results 26 April 2023 26/04/23
Trading Announcement 26 April 2023 26/04/23
Trading Announcement 20 April 2023 20/04/23

General stock information

EPIC:
GEMD
ISIN:
VGG379591065
Market cap:
£12.01 million
Shares in issue:
139.69 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'.