Share Search
Visit the Share Search
Gem Diamonds says prices improving
16th Jul 2009 13:20
Gem Diamonds was in demand Thursday despite reporting an 18% drop in first half sales from its flagship Letseng mine, as it said prices have improved in recent months. Sales of rough diamonds at the mine in Lesotho fell to $74.13m during the first half of 2009 from $89.95m a year ago. The average p
Read moreGem Diamonds continues cost cuts
19th May 2009 11:43
Gem Diamonds said it continued cutting costs during the first quarter of 2009 to cope with the global downturn in diamond prices. Weakness in the market persisted into 2009, the firm said, though from March 2009 prices for the gemstone began to improve, especially for better qualities and larger si
Read more