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Gem Diamonds Ltd
2 Eaton Gate
Phone: +44 2030430280p:+44 2030430280 LONDON, SW1W 9BJ  United Kingdom Ticker: GEMDGEMD
Business Summary
Gem Diamonds Limited is a United Kingdom-based global producer of high value diamonds. The Company owns around 70% of the Letseng mine in Lesotho. The Letseng mine is famous for the production of large, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world. In addition, Letseng has produced high quality pink and blue diamonds. Its segments include Lesotho; Belgium; BVI, RSA, UK and Cyprus, and Botswana. Lesotho segment is engaged in diamond mining activities. Belgium segment is engaged in sales, marketing and manufacturing of diamonds. BVI, RSA, UK and Cyprus segment is engaged in technical and administrative services. Botswana segment is engaged in diamond mining activities (on care and maintenance). It owns the Ghaghoo mine in Botswana. Its subsidiaries include Gem Diamond Technical Services (Proprietary) Limited, Letseng Diamonds (Proprietary) Limited, Gem Diamonds Botswana (Proprietary) Limited and Gem Diamonds Investments Limited.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
1499 Miscellaneous nonmetallic minerals, except fuels
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Non-Executive Chairman of the Board HarryKenyon-Slaney 63 6/6/2017 6/6/2017
Chief Executive Officer, Executive Director Clifford T.Elphick 63 9/24/2007 1/20/2006
Chief Financial Officer, Executive Director MichaelMichael 53 4/22/2013 4/2/2013
8 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
BDI Mining Corp. 1200 - 67 Yonge Street Toronto ON Canada

Business Names
Business Name
Calibrated Diamonds Investment Holdings (Pty) Limited
Further BDI Mining Corp. Shares
Gem Diamond Technical Services (Proprietary) Limited
6 additional Business Names available in full report.

General Information
Number of Employees: 313 (As of 12/31/2023)
Outstanding Shares: 139,690,000 (As of 12/31/2023)
Stock Exchange: LON
Fax Number: +44 2030430281


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Saturday, April 20, 2024