The miner recorded a $10.7M goodwill impairment as rough diamond prices drop, supply exceeds demand, and lab-grown stones ...

LESOTHO’S largest diamond mine has laid off 240 workers – a fifth of its staff – as plummeting gem prices and weak global ...

Lesotho's biggest diamond mine, Letseng, has laid off 240 workers, a fifth of its workforce, as it battles persistently low ...

London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, has swung to an attributable loss of $11.7-million for the six months ended June 30, on the back of a $10.7-million ...

Gem Diamonds ( ($GB:GEMD) ) has provided an update. Gem Diamonds reported a challenging first half of 2025, with revenue dropping 42% to $45.4 ...

(Reuters) - Gem Diamonds Ltd said it found a 185-carat rough white diamond at its Letseng mine in Lesotho in southern Africa. The exceptional rough diamond is the second of two large, white diamonds ...

The discovery of the Lucara Diamond in August in the Karowe Mine in northeast Botswana rocked the jewelry industry, but few were as moved by the historic find as Susan Jacques, the president and chief ...

Millions of years ago, precious gem stones from the heart of southern Africa washed westward along the Orange River and emptied into the Atlantic Ocean. While some swept up on the beaches along the ...