Diamond – Gem Diamonds Ltd. (LSE:GEMD) announced its 2013 results, commenting that its revenue for the year came to US$213 million, a 5-percent increase from 2012. Attributable net profit rose 23 percent, to US$21 million.
Articles Tagged "lesotho"
Diamond – Gem Diamonds Ltd. (LSE:GEMD) announced that it has sold two diamonds recovered from its Lesotho-based Letšeng mine at the end of January.
Diamond – Paragon Diamonds Ltd. (LSE:PRG) announced yesterday that Meso Diamonds, its 85-percent-owned subsidiary, has finalized the terms and conditions of the Mining Lease Agreement for the Lemphane kimberlite project with the government of Lesotho.
Diamond – Lucara Diamond Corp. (TSX:LUC) announced yesterday its 2013 results, commenting that it recorded revenue of $180.5 million from diamond sales. That amounts to an average price of $411 per carat; operating expenses came to a total of $100 per carat.
Diamond – Gem Diamonds Ltd. (LSE:GEMD) announced that during the fourth quarter of 2013, its Letšeng operation brought in revenue of US$75.6 million. Meanwhile, the company continued to make progress at Ghaghoo, which it believes "offers strong growth potential."
Diamond – Firestone Diamonds plc (LSE:FDI) announced that its Liqhobong diamond mine, located in Lesotho, is now fully funded. The announcement follows the news that the company has secured the US$82.4-million debt facility that it announced in November and agreed in principle to an additional funding package.
Diamond – Firestone Diamonds plc (LSE:FDI) released an updated definitive feasibility study for its Lesotho-based Liqhobong diamond mine, noting that the study "confirms strong base case project economics." If anticipated revenue from large stones over 100 carats is included, there is "significant upside potential."
Diamond – Firestone Diamonds plc (LSE:FDI) provided an update on the potential diamond value at its Lesotho-based Liqhobong mine, commenting that the base average diamond price, excluding potential large stones, has risen to US$107 per carat, while the upside price, including large stones greater than 100 carats, now sits at potentially US$156 per carat.
Diamond – Gem Diamonds Ltd. (LSE:GEMD) announced that it has recovered a 12.47-carat blue diamond, as well as an 83.8-carat white diamond, from its Lesotho-based Letšeng mine.
Diamond – Gem Diamonds Ltd. (LSE:GEMD) provided a revised resource and reserve statement, noting that its gross resource, including reserves, totals 25.8 million carats grading an average of 6.3 carats per 100 tonnes at an average diamond price of US$625 per carat.