Company Gem Diamonds Limited

Equities

GEMD

VGG379591065

Non-Gold Precious Metals & Minerals

Market Closed - London S.E. Other stock markets 11:40:17 2024-12-13 am EST			5-day change	1st Jan Change
10.50 ^GBX	+1.20%		+8.25%	-20.90%

Dec. 03	Gem Diamonds Revises Letšeng Mine Plan in Lesotho, Secures Credit Facility Extension	MT
Dec. 03	Gem Diamonds Limited - Special Call

Business description: Gem Diamonds Limited

Gem Diamonds Limited is a United Kingdom-based global producer of high value diamonds. The Company owns around 70% of the Letseng mine in Lesotho. The Letseng mine is famous for the production of large, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world. In addition, Letseng has produced high quality pink and blue diamonds. Its segments include Lesotho; Belgium; BVI, RSA, UK and Cyprus, and Botswana. Lesotho segment is engaged in diamond mining activities. Belgium segment is engaged in sales, marketing and manufacturing of diamonds. BVI, RSA, UK and Cyprus segment is engaged in technical and administrative services. Botswana segment is engaged in diamond mining activities (on care and maintenance). It owns the Ghaghoo mine in Botswana. Its subsidiaries include Gem Diamond Technical Services (Proprietary) Limited, Letseng Diamonds (Proprietary) Limited, Gem Diamonds Botswana (Proprietary) Limited and Gem Diamonds Investments Limited.

Number of employees: 327

Sales by Activity: Gem Diamonds Limited

Fiscal Period: December	2019	2020	2021	2022	2023
Mining Activities, Polished Manufacturing Margins and Group Services	182M	190M	202M	189M	140M

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Geographical breakdown of sales: Gem Diamonds Limited

Fiscal Period: December	2019	2020	2021	2022	2023
Lesotho	179M	187M	199M	186M	141M
Belgium	183M	190M	202M	189M	140M
BVI, RSA, UK and Cyprus	8.44M	6M	7.03M	7.33M	6.73M
Intersegment	-188M	-193M	-206M	-194M	-147M

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Managers: Gem Diamonds Limited

Director	Title	Age	Since
Clifford Elphick CEO	Chief Executive Officer	64	2006-01-19
Michael Michael DFI	Director of Finance/CFO	54	2013-04-01
Jaco Houman CTO	Chief Tech/Sci/R&D Officer	49	2021-03-31
Brandon Michael de Bruin COO	Chief Operating Officer	53	2021-02-28
Susan Wallace IRC	Investor Relations Contact	-	-

See GEM DIAMONDS LIMITED governance

Members of the board: Gem Diamonds Limited

Manager	Title	Age	Since
Clifford Elphick CHM	Chairman	64	2006-01-19
Michael Michael BRD	Director/Board Member	54	2013-04-01
Michael Lynch-Bell BRD	Director/Board Member	71	2015-12-14
Harry Kenyon-Slaney CHM	Chairman	63	2017-06-05
Michael Brown BRD	Director/Board Member	63	2017-12-31
Mazvi Maharasoa BRD	Director/Board Member	54	2019-06-30
Rosalind Kainyah BRD	Director/Board Member	66	2021-04-30

Composition of the Board of Directors

Shareholders: Gem Diamonds Limited

Name	Equities	%	Valuation
Sustainable Capital Ltd. 15.44 %	21,574,303	15.44 %	3 M p
Lansdowne Partners (UK) LLP 13.37 %	18,677,221	13.37 %	2 M p
Aberforth Partners LLP 11.96 %	16,709,450	11.96 %	2 M p
Hargreaves Lansdown Asset Management Ltd. 3.168 %	4,425,962	3.168 %	575 773 p
Hosking Partners LLP 3.098 %	4,327,869	3.098 %	563 012 p

List of GEM DIAMONDS LIMITED shareholders

Company details: Gem Diamonds Limited

Gem Diamonds Ltd.

2 Eaton Gate

SW1W 9BJ, London

+44 2030 430 280

https://www.gemdiamonds.com

Diamond Mining

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
GEM DIAMONDS LIMITED	+1.20%	+8.25%	-11.95%	-76.95%	18.52M
ALROSA	+2.28%	-.--%	-.--%	-42.28%	4.63B
LUCARA DIAMOND CORPORATION	-5.45%	-5.45%	+33.33%	-3.70%	167M
BURGUNDY DIAMOND MINES LIMITED	+3.49%	-6.32%	-44.38%	-62.13%	80.39M
PETRA DIAMONDS LIMITED	+3.21%	+7.84%	-42.77%	-58.71%	70.84M
Average	+0.95%	+2.84%	-13.15%	-48.75%	993.5M
Weighted average by Cap.	+2.05%	+3.27%	-0.25%	-41.66%