Gem Diamonds takes $77.5m impairment on Letseng as annual loss hits $104m
Gem Diamonds wrote down the carrying value of its Letseng mine in Lesotho by $77.5m and posted a $104m annual loss as revenue fell 36% amid the diamond market downturn.
Gem Diamonds wrote down the carrying value of its Letseng mine in Lesotho by $77.5m and posted a $104m annual loss as revenue fell 36% amid the diamond market downturn.