Half Year Results 

Gem Diamonds roughs it out

Gem Diamonds roughs it out

Has Gem Diamonds (GEMD) got the stones to see out its current predicament? Philosophically, one should never doubt a miner’s determination. From a geological perspective, the jury is out. While Gem highlighted an improvement in the recovery of large diamonds from its Letšeng mine in the first half of 2017, those high value discoveries have failed to raise the metrics in which investors want to see improvement: carats recovered, and carats sold.

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