Gem Diamonds Ltd (LSE:GEMD)

UK company
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Company Info - GEMD

  • Market Cap£42.180m
  • SymbolLSE:GEMD
  • IndustryBasic Material
  • Sector-
  • Currency
  • ISINVGG379591065

Company Profile

Gem Diamonds Ltd is a United Kingdom-based company engaged in the exploration and development of diamond mines. The company's geographical segments include Lesotho (diamond mining activities); Belgium (sales, marketing, and manufacturing of diamonds); and BVI, RSA, the UK, and Cyprus (technical and administrative services). It generates maximum revenue from the Belgium region. Its projects include Letseng Diamond mine and Ghaghoo Diamond mine.Gem Diamonds Ltd is engaged in the exploration and development of diamond mines. The group primarily operates two mining projects in Lesotho and Botswana. The Lesotho mine is the highest US dollar per carat kimberlite diamond mine in the world.

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