UK s Gem Diamonds FY Pretax Profit Nearly Halves On Botswana Mine...

March 15 (Reuters) - Gem Diamonds Ltd reported on Wednesday a 47 percent fall in its full-year pretax profit, hurt by an impairment charge after it mothballed the Ghaghoo mine in Botswana due to a fall in diamond prices. The company recorded an impairment provision of $176.5 million after its move last month to place the Ghaghoo mine under care and maintenance with immediate effect. chung cư gem riverside Diamonds, which mines diamonds from the Letseng mine in Lesotho and the Ghaghoo mine in Botswana, said its full-year pretax profit fell Gem Riverside Song hanh cao toc to $52. If you are you looking for more info regarding bang gia GemRiverside take a look at our web site. 4 million from $99 million, a year earlier. (Reporting by Justin George Varghese in Bengaluru; Editing by Amrutha Gayathri)