Gem Diamonds Limited Recovery of 104.73 carat and 151.52 carat diamonds (7716H)
June 12 2017 - 2:01AM
UK Regulatory
TIDMGEMD
RNS Number : 7716H
Gem Diamonds Limited
12 June 2017
12 June 2017
GEM DIAMONDS LIMITED
("Gem Diamonds" or "the Company")
Recovery of a high quality 104.73 carat diamond and a 151.52
carat yellow diamond
Gem Diamonds Limited (LSE: GEMD) is pleased to announce the
recovery of a high-quality 104.73 carat, D-colour Type IIa diamond
and a 151.52 carat Type I yellow diamond from the Letšeng mine in
Lesotho.
Today's announcement follows the recent Letšeng recoveries
announced in May of an exceptional 80.58 carat D-colour Type IIa
diamond and a 98.42 carat D-colour Type IIa diamond, as well as the
recovery of a 114 carat D colour Type IIa diamond in April.
The Letšeng mine is well-known for the production of large, top
colour, exceptional white diamonds, making it the highest dollar
per carat kimberlite diamond mine in the world.
A photograph of this latest high-quality 104.73 carat diamond
can be found on the Gem Diamonds website.
The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67
For further information:
Gem Diamonds
ir@gemdiamonds.com
Susan Wallace, Company Secretarial department
Celicourt Communications
Mark Antelme / Joanna Boon
Tel: +44 (0) 207 520 9261
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 20 largest white gem
quality diamonds ever recorded. The Ghaghoo mine in Botswana has
been placed on care and maintenance until market conditions allow
for recommencement of production. www.gemdiamonds.com
This information is provided by RNS
The company news service from the London Stock Exchange
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