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Gem Diamonds slashes guidance after operational woes in Q3

Shares down 12% in London on Thursday morning

William Clarke
Gem Diamonds' operations are in Botswana and Lesotho

Gem Diamonds' operations are in Botswana and Lesotho

Gem recovered 23,435 carats from its operations in Lesotho and Botswana in Q3, down 21% quarter-on-quarter, and cut its guidance for 2021 diamond production to 110,000-114,000ct, down from earlier forecasts...

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