Gem successfully hosts first flexible tender sales process

London-listed Gem Diamonds has raised $12.1-million during the first round of its LetsĖŒeng flexible tender sales process on March 26.

The Lesotho-focused miner in March launched the flexible tender sales process, following a large tender that had to be cancelled owing to travel and other restrictions imposed by various governments, including in Belgium, where the tender would have been held from March 16 to March 25.