Aim-listed Gem Diamonds achieved solid earnings before interest, taxes, depreciation and amortisation (Ebitda) of $43.5-million in the six months ended June 30.
“This reflects careful cost management and capital discipline. It is also encouraging to see that the capital projects implemented at Letšeng are bearing fruit, with a notable increase in tonnes treated and carats recovered, compared to prior periods,” CEO Clifford Elphick said in a statement on Wednesday.
