R/€ = 18.99 Change: 0.18
R/$ = 16.81 Change: 0.10
Au 1681.97 $/oz Change: -19.69
Pt 819.55 $/oz Change: -6.65
 
 
R/€ = 18.99 Change: 0.18
R/$ = 16.81 Change: 0.10
Au 1681.97 $/oz Change: -19.69
Pt 819.55 $/oz Change: -6.65
 
 
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Gem concludes flexible tender sales process

6th April 2020 BY: Tasneem Bulbulia
Creamer Media Reporter

LSE-listed Gem Diamonds’ second round of the flexible tender sales process has been concluded and raised a further $6.7-million for a selection of  large, high-quality diamonds recovered at its Letšeng mine, in Lesotho.

The company achieved an average value of $1 615 /ct for the first quarter of 2020.

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The flexible tender sales process was put in place as a result of the March large diamond tender being cancelled owing to the travel and other Covid-19 restrictions imposed by the Belgian government and the governments of the company's clients.

The flexible tender sales process will continue during the period of these restrictions. 

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EDITED BY: Creamer Media Reporter
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