Gem Diamonds Ltd 2009 AR2
The report highlights Gem Diamonds' performance during the challenging 2009 financial year, during which the company focused on cost reduction and cash preservation. Key achievements included a fatality-free year over 4.4 million man-hours and achieving its lowest lost time injury frequency rate (LTIFR) of 0.45 since listing. The company successfully raised US$98.8 million via a share placing, ending the year with US$113.8 million in cash and no outstanding debt. Additionally, the company signed a life-of-mine off-take agreement with Tiffany & Co. for fancy yellow diamonds from the Ellendale mine.
Company: Gem Diamonds Ltd
Sector: Mining & quarrying
Country: United Kingdom
Year: 2009
Type: AR2
Pages: 112
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Gem Diamonds Ltd
Annual Report
The report highlights Gem Diamonds' performance during the challenging 2009 financial year, during which the company focused on cost reduction and cash preservation. Key achievements included a fatality-free year over 4.4 million man-hours and achieving its lowest lost time injury frequency rate (LTIFR) of 0.45 since listing. The company successfully raised US$98.8 million via a share placing, ending the year with US$113.8 million in cash and no outstanding debt. Additionally, the company signed a life-of-mine off-take agreement with Tiffany & Co. for fancy yellow diamonds from the Ellendale mine.
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Document Details
Report Year
2009
Reporting Period
Jan 1, 2009 - Dec 31, 2009
Fiscal Year
2009
Published
Apr 30, 2010
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Renewable Energy
Water Consumption
Women on Board
Workplace Fatalities
Employees