Company Gem Diamonds Limited

Equities

GEMD

VGG379591065

Non-Gold Precious Metals & Minerals

Market Closed - London S.E. Other stock markets 11:35:08 2026-02-13 am EST			5-day change	1st Jan Change
3.610 ^GBX	-5.00%		-2.04%	+21.34%

Feb. 04	Futura Medical says 2025 revenue beats own guidance	AN
Feb. 04	FTSE 100 strengthens as Beazley and GSK rise	AN

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: 716

Sales by Activity: Gem Diamonds Limited

Fiscal Period: December	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)
Mining Activities, Polished Manufacturing Margins and Group Services	190M	202M	189M	140M	154M

See all business segments

Geographical breakdown of sales: Gem Diamonds Limited

Fiscal Period: December	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)
Belgium	190M	202M	189M	140M	154M
Lesotho	187M	199M	186M	141M	149M
BVI, RSA, UK and Cyprus	6M	7.03M	7.33M	6.73M	6.6M
Intersegment	-193M	-206M	-194M	-147M	-155M

See all geographic segments

Executive Committee: Gem Diamonds Limited

Manager	Title	Age	Since
Clifford Elphick CEO	Chief Executive Officer	65	2006-01-19
Michael Michael DFI	Director of Finance/CFO	56	2013-04-01
Brandon Michael de Bruin COO	Chief Operating Officer	54	2021-02-28
Kiki Constantopoulos AUD	Comptroller/Controller/Auditor	46	2023-04-30
Minelle Zech HRO	Human Resources Officer	51	2014-12-31

See GEM DIAMONDS LIMITED governance

Composition of the Board of Directors: Gem Diamonds Limited

Director	Title	Age	Since
Clifford Elphick CHM	Chairman	65	2006-01-19
Michael Michael BRD	Director/Board Member	56	2013-04-01
Harry Kenyon-Slaney CHM	Chairman	65	2017-06-05
Michael Brown BRD	Director/Board Member	65	2017-12-31
Rosalind Kainyah BRD	Director/Board Member	68	2021-04-30
Janet Boyce BRD	Director/Board Member	-	2025-03-31

Composition of the Board of Directors

Shareholders: Gem Diamonds Limited

Name	Equities	%	Valuation
Lansdowne Partners (UK) LLP 13.93 %	19,493,603	13.93 %	795 729 p
Aberforth Partners LLP 9.744 %	13,634,450	9.744 %	556 558 p
Rathbones Investment Management Ltd. 6.797 %	9,510,000	6.797 %	388 198 p
Hargreaves Lansdown Asset Management Ltd. 3.163 %	4,425,962	3.163 %	180 668 p
Hargreaves Lansdown Fund Managers Ltd. 3.129 %	4,378,000	3.129 %	178 710 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 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	-5.00%	-2.04%	-66.34%	-88.68%	6.88M
ALROSA	+2.28%	-.--%	-.--%	-.--%	6.08B
LUCARA DIAMOND CORPORATION	-1.89%	+8.33%	-31.58%	-57.72%	284M
PETRA DIAMONDS LIMITED	+9.47%	+18.97%	-33.93%	-75.97%	84.57M
Average	+1.22%	+7.20%	-32.96%	-55.60%	1.61B
Weighted average by Cap.	+2.18%	+3.96%	-1.90%	-3.63%