Gem Diamonds Ltd 2010 AR2
The report details Gem Diamonds' operational and financial performance for the fiscal year 2010, highlighting a strong recovery in rough diamond prices and a record safety year with zero fatalities and zero lost time injuries. The company achieved a revenue of US$266.4 million and an EBITDA of US$82.0 million, representing a significant increase from 2009. Key developments include the award of a mining licence for the Gope deposit in Botswana and expansion plans at the Letšeng mine in Lesotho. On the sustainability front, the company expanded its GRI-based reporting, achieved high compliance with IFC environmental and health standards, and implemented several energy conservation initiatives, such as installing LED lighting and power factor correction equipment.
Company: Gem Diamonds Ltd
Sector: Mining & quarrying
Country: United Kingdom
Year: 2010
Type: AR2
Pages: 116
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Gem Diamonds Ltd
Annual Report
The report details Gem Diamonds' operational and financial performance for the fiscal year 2010, highlighting a strong recovery in rough diamond prices and a record safety year with zero fatalities and zero lost time injuries. The company achieved a revenue of US$266.4 million and an EBITDA of US$82.0 million, representing a significant increase from 2009. Key developments include the award of a mining licence for the Gope deposit in Botswana and expansion plans at the Letšeng mine in Lesotho. On the sustainability front, the company expanded its GRI-based reporting, achieved high compliance with IFC environmental and health standards, and implemented several energy conservation initiatives, such as installing LED lighting and power factor correction equipment.
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Document Details
Report Year
2010
Reporting Period
Jan 1, 2010 - Dec 31, 2010
Fiscal Year
2010
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees