Gem Diamonds Limited Recovery of high quality 126 carat diamond (2527K)
July 06 2017 - 2:00AM
UK Regulatory
TIDMGEMD
RNS Number : 2527K
Gem Diamonds Limited
06 July 2017
6 July 2017
GEM DIAMONDS LIMITED
("Gem Diamonds" or "the Company")
Recovery of high quality 126 carat diamond
Gem Diamonds Limited (LSE: GEMD) is pleased to announce the
recovery of a high quality 126 carat, D colour Type IIa diamond
from the Letšeng mine in Lesotho.
Today's announcement follows the news of the recovery of two
high quality diamonds in June 2017, a 104.73 carat diamond and a
151.52 carat yellow diamond from Letšeng, the highest dollar per
carat kimberlite diamond mine in the world.
The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67.
For further information:
Gem Diamonds
Susan Wallace, Company Secretarial department
ir@gemdiamonds.com
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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