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Gem Diamonds sees output, revenue drop

Letšeng could be set to re-open but diamond demand is expected to remain low.

Tom Hoskyns
Gem Diamonds' Letseng mine is located in the Maluti Mountains of Lesotho

Gem Diamonds' Letseng mine is located in the Maluti Mountains of Lesotho

Production from the company's Letšeng mine in Lesotho was 26,110 carats in the March quarter, down 12% quarter on quarter. The company put Letšeng on care and maintenance for three weeks at the end of...

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