The Malawi-based miner's flagship deposit remains the world's largest natural rutile reserve Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM),...

Mar 18, 2026, 6:06 AMproactiveinvestors.co.ukGMDMF

Gem Diamonds shares fall 18% as revenue slumps and impairment charges push it to $104m loss

Financial reports

Shares in Gem Diamonds Limited (LSE:GEMD, OTC:GMDMF)) fell 18% to 3.78p on Wednesday after the company reported a $104 million attributable loss for 2025, driven by a $77.5 million writedown of the carrying value of its Letšeng mine in Lesotho. Revenue fell to $98.4 million from $154.2 million in 2025, while underlying EBITDA (earnings before interest, tax, depreciation and amortisation) collapsed to $3.9 million from $29.7 million.

Mar 18, 2026, 6:00 AMproactiveinvestors.comGMDMF

Coinsilium CEO on Prediction Labs investment as company hones in on event-drive finance

Management

Coinsilium Group Limited (AQSE:COIN, OTCQB:CINGF, FRA:5CT) CEO Eddy Travia talked with Proactive's Stephen Gunnion about the company’s strategic move into...

Mar 18, 2026, 5:51 AMproactiveinvestors.comGMDMF

Gem Diamonds shares fall 18% as revenue slumps and impairment charges push it to $104m loss

Financial reports

Shares in Gem Diamonds Limited (LSE:GEMD, OTC:GMDMF)) fell 18% to 3.78p on Wednesday after the company reported a $104 million attributable loss for 2025,...

Mar 18, 2026, 5:17 AMproactiveinvestors.comGMDMF

Ilika solid-state batteries survive gunfire tests in UK defence trials - UPDATED

Company announcements

The AIM-listed battery maker says its Goliath cells outperformed conventional lithium-ion technology in firing range safety tests conducted for the Ministry...

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