Gem Diamonds Limited Notification of Full Year 2014 Results (0710H)
March 11 2015 - 3:02AM
UK Regulatory
TIDMGEMD
RNS Number : 0710H
Gem Diamonds Limited
11 March 2015
11 March 2015
GEM DIAMONDS LIMITED
("Gem Diamonds" or "the Company")
Notification of Full Year 2014 Results
Gem Diamonds Limited (LSE: GEMD) will announce its Full Year
Results for the period
ending 31 December 2014, on Tuesday 17 March 2015 at 7:00am
GMT.
The Company will be hosting an audio presentation on 17 March
2015, at 9:30am GMT. A live audio webcast of this presentation will
be available on the Company's website: www.gemdiamonds.com
For further information:
Gem Diamonds Limited
Sherryn Tedder, Investor Relations
Tel: +44 (0) 203 0430 2080
Mob: +44 (0) 7778 246 321
Bell Pottinger
Daniel Thöle / Joanna Boon
Tel: +44 (0) 203 772 2500
About Gem Diamonds:
Gem Diamonds is a leading global diamond producer of high value
diamonds. The company owns 70% of the Letšeng mine in Lesotho and
100% of the Ghaghoo mine in Botswana. The Letšeng mine is famous
for the production of large, top colour, exceptional white
diamonds, making it the highest dollar per carat kimberlite diamond
mine in the world. Since Gem Diamonds' acquisition of Letšeng in
2006, the mine has produced four of the twenty largest white gem
quality diamonds ever recorded.
Gem Diamonds has a growth strategy based on the expansion of the
Letšeng mine and bringing the Ghaghoo mine into production, while
maintaining its strong balance sheet. The Company seeks to maximise
revenue and margin from its rough diamond production by pursuing
cutting, polishing and sales and marketing initiatives further
along the diamond value chain. With favourable supply/demand
dynamics expected to benefit the industry over the medium to long
term, particularly at the high end of the market supplied by Gem
Diamonds, this strategy positions the Company well to generate
attractive returns for shareholders in the coming years.
www.gemdiamonds.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
NORGGUGPWUPAGAU
Gem Diamonds (LSE:GEMD)
Historical Stock Chart
From Mar 2024 to Apr 2024
Gem Diamonds (LSE:GEMD)
Historical Stock Chart
From Apr 2023 to Apr 2024
