GJ Town India

Earned average price of US$1 908 per carat yet a lower YoY   Gem Diamonds Limited provides the Trading Update detailing the Group's operational and sales performance from 1 October 2020 to 31 December 2020 (Q4 2020).  According to the Trading Update, the Group further increased its net cash position by US$33.1 million, ending the Period with net cash of US$34.2 million (Q3 2020: net cash US$1.1 million).   Operational guidance metrics for the 2020 full year were achieved. During the Period, four diamonds greater than 100 carats were recovered to bring the total for the year to 16 & average price achieved for the Period was US$1 907 per carat. Over all 99 172 carats sold in the year, achieving an average price of US$1 908 per carat (2019: US$1 637 per carat). Ten diamonds sold for more than US$1.0 million each, generating revenue of US$22.6 million during the Period, bringing the total number of diamonds sold for greater than US$1.0 million to 34 for the year....

6,518,261 carats of diamond recovered during FY 2020 3,329,289 carats sold at an average value of US$51 per carat  Mountain Province Diamonds announces production and sales results for the fourth quarter ended December 31, 2020 from the Gahcho Kué Diamond Mine. 9,796,823 total tonnes mined during the quarter, a 12% decrease on comparable period of Q4 2019 had recorded for 11,089,408. 35,870,474 total tonnes mined during FY 2020, a 17% decrease from comparable period of FY 2019 which had registered 43,224,827.   1,521,617 carats recovered during the quarter at an average grade of 2.07 carats per tonne, 23% lower than comparable quarter (Q4 2019: 1,977,438 carats at 2.11). 6,518,261 carats recovered during FY 2020 at an average grade of 2.01 carats per tonne, 4% slightly lower than comparable period (FY 2019: 6,820,631 carats at 1.90). According to Mountain Province Diamonds Q4 and FY 2020 diamond sales report, Q4 2020 diamond sales totaled 957,120 carats sold at an average ...