The Group owns the Letšeng diamond mine in Lesotho and the Ghaghoo mine in Botswana, with Head Offices in the United Kingdom and Sales Marketing and Manufacturing capabilities in Belgium.

The Letšeng mine is renowned for its production of large, top colour, exceptional white diamonds, making it the highest average dollar per carat kimberlite diamond mine in the world.

View our Lesotho Legend video

Latest at Gem Diamonds

A 114 carat high quality D colour diamond recovered on 2 March 2020 at the  Letšeng mine

Between 28 February and 3 March 2020, a number of white top quality gem diamonds, and a pink, were recovered from Letšeng:

1. Left Back: 56 carat
2. Right Back: 88 carat 
3. In front: 53 carat 
4. Centre: 13 carat pink
5. Left Front: 114 carat 
6. Right Front: 33 carat 

06 April 2020

Flexible tender sales process for selected Letšeng large diamonds

01 April 2020

Flexible tender sales process for selected Letšeng large diamonds

26 March 2020

Letšeng placed on care and maintenance to combat Covid19

19 March 2020

Result of the Letseng small diamond tender

CEO Clifford Elphick takes us through some of the highlights of 2019 and looks forward to 2020.

View CEO interview
11 March 2020

Annual report and accounts 2019

The Annual Report and Accounts (this report) have been prepared in accordance with:

  • applicable English and British Virgin Islands law;
  • regulations and best practice as advised by the Financial Reporting Council (FRC) and the Department of Business, Innovation and Skills in the United Kingdom (UK);

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Our Strategy

Our continuous evolution has enabled an enhanced focus on maximising value from our operations, enabling the delivery of sustainable returns for our investors while optimising the benefit of our communities and minimising the impact on our environment.

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Business transformation

We are shaping our business for a profitable and sustainable future for the benefit of all our stakeholders by enhancing the efficiency of our operations. The Business Transformation process is progressing well and the cumulative 2021 target of US$100 million in revenue, productivity and cost savings is on track.

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Technology and innovation

Gem Diamonds has made significant progress on the identification, validation and testing of technologies from various industries to complement its innovation drive of early detection and non-mechanical means of liberating diamonds.

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