Sold 5% less diamonds, earns 9% more in 3Q
Gem Diamonds sales 22 830 carats in Q3 over Q2 2025 Gem Diamonds Limited provides the following trading update detailing the Group's operational and sales performance from 1 July 2025 to 30 September 2025 (Q3 2025). According to the key highlights, 1: Carats recovered during the Period were 22 268 (Q2 2025: 23 547). 2: Three greater than 100 carat diamonds were recovered during the Period and a 319 carat diamond was recovered after the Period, bringing the total year to date recoveries of greater than 100 carat diamonds to eight. 3: 22 830 carats were sold during the Period (Q2 2025: 23 932 carats), generating revenue of US$25.7 million (Q2 2025: US$23.5 million) and achieving an average price of US$1 124 per carat (Q2 2025: US$980 per carat). 4: Four greater than 100 carat diamonds were sold during the Period. 5: Two diamonds sold for more than US$1.0 million each, contributing US$2.3 million to revenue for the Period. 6: The highest...