(Reuters) - Gem Diamonds said on Tuesday it had recovered a high-quality 115-carat diamond from the Letseng mine in Lesotho. The company, which has diamond mining operations in Lesotho and Botswana, ...

Shares in Gem Diamonds Ltd fall 6.15 percent to a two-month low after the company gives an operations update for its 70-percent owned Letseng diamond mine, which analysts say is progressing at a ...

Lesotho's biggest diamond mine, Letseng, has laid off 240 workers, a fifth of its workforce, as it battles persistently low gem prices due to weak demand and an uncertain global economic environment, ...

London-listed Gem Diamonds has recovered a 129.71 ct Type II white diamond from its Letsěng mine, in Lesotho. This is the tenth diamond greater than 100 ct recovered from the mine this year. As ...

A trader at HB Antwerp says the impact on producers could be reduced by doing away with inefficiencies in the industry.

London-listed Gem Diamonds has recovered a 123.20 ct Type II white diamond from the Letšeng mine, in Lesotho. This marks the eighth diamond greater than 100 ct in size that the company has recovered ...

This month its biggest diamond mine, Letseng, said it would lay off a fifth of its workforce, citing "sustained pricing pressure" and "softer demand in key markets". The mine closures "could heighten ...

Gem Diamonds Ltd, which operates the Ghaghoo diamond mine in Botswana and the Letseng diamond mine in Lesotho, said it only mined 25.525 carats at Letseng in the final quarter of 2014, down from ...