Gem Diamonds Di Share News (GEMD)

IN BRIEF: Gem Diamonds recovers 295 carat white diamond in Lesotho

Gem Diamonds Ltd - diamond miner in Lesotho and Botswana - Announces recovery of a "high quality" 295 carat Type II white diamond from the Letseng mine in the Maluthi Mountains, Lesotho.

TRADING UPDATES: Velocys agrees bid, Helical lets office to Sainsbury

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

TRADING UPDATES: BiVictriX patent boost; 4Global deal extended

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

IN BRIEF: Gem Diamonds sales revenue down 10% in 3rd quarter from 2nd

Gem Diamonds Ltd - diamond miner in Lesotho and Botswana - Sells 23,955 carats of diamonds in the third quarter of the year, down 10% from 26,476 in the second quarter. The diamonds are sold at an average price of USD1,310 per carat, down slightly from USD1,317 the quarter before. As a result, sales value is USD31.4 million, down 10% from USD34.9 million in the second quarter. Four diamonds are sold for more than USD1 million each during the recent quarter, accounting for USD6.1 million of the total sales.

Sales lose their sparkle at Gem Diamonds

(Sharecast News) - Gem Diamonds reported a fall in the number of precious stones sold during the last quarter on Wednesday, as the global market continued to struggle.

LONDON BROKER RATINGS: Stifel says hold S&N; JPM neutral on Deliveroo

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Gem Diamonds interim profit topples as diamond market suffers

(Alliance News) - Gem Diamonds Ltd on Thursday said lower average diamond prices and grid electricity disruptions hurt its half-year results.

UK earnings, trading statements calendar - next 7 days

Gem Diamonds sells fewer diamonds amid diamond market downturn

(Alliance News) - Gem Diamonds Ltd on Tuesday said it sold fewer diamonds in the first half of 2023 amid a downturn, with fewer large, high-value diamonds recovered.

Gem Diamonds reports decline in carats recovered

(Sharecast News) - Gem Diamonds said in a trading update on Tuesday that throughout the first half, a total of 12 diamonds were sold, each exceeding $1m, bringing in revenue of $21m during the six-month period.

LONDON BROKER RATINGS: HSBC downgrades commercial property stocks

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

UK shareholder meetings calendar - next 7 days

LONDON BROKER RATINGS: Redburn cuts Flutter; Stifel likes IMI

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

TRADING UPDATES: Ecora portfolio additions up, Gem Diamonds carats up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

EARNINGS SUMMARY: CloudCoCo revenue multiplies on recurring contracts

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News: