Gem Diamonds Limited

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GEMD

VGG379591065

Non-Gold Precious Metals & Minerals

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Gem Diamonds : Recovery of high quality 245 carat and 102 carat white diamonds

October 18, 2021 at 02:12 am EDT

18 October 2021

GEM DIAMONDS LIMITED

("Gem Diamonds" or "the Company")

Recovery of high quality 245 carat and 102 carat white diamonds

Gem Diamonds Limited (LSE: GEMD) is pleased to announce the recovery of a high quality 245 carat Type II, white diamond. On the same day, the Company also recovered a high quality 102 carat Type II, white diamond, from the Letšeng mine in Lesotho, the highest dollar per carat kimberlite diamond mine in the world.

A photograph of both diamonds can be found on the Company's website, www.gemdiamonds.com

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 / Oliver Mills

Tel: +44 (0) 208 434 2643

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. 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. www.gemdiamonds.com

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Gem Diamonds Limited published this content on 18 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 October 2021 06:11:01 UTC.

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Gem Diamonds Reports 295-carat White Diamond Recovery in Lesotho	Jan. 11	MT
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Company Profile

Gem Diamonds Limited is a United Kingdom-based global producer of high value diamonds. The Company owns around 70% of the Letseng mine in Lesotho. The Letseng mine is famous for the production of large, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world. In addition, Letseng has produced high quality pink and blue diamonds. Its segments include Lesotho; Belgium; BVI, RSA, UK and Cyprus, and Botswana. Lesotho segment is engaged in diamond mining activities. Belgium segment is engaged in sales, marketing and manufacturing of diamonds. BVI, RSA, UK and Cyprus segment is engaged in technical and administrative services. Botswana segment is engaged in diamond mining activities (on care and maintenance). It owns the Ghaghoo mine in Botswana. Its subsidiaries include Gem Diamond Technical Services (Proprietary) Limited, Letseng Diamonds (Proprietary) Limited, Gem Diamonds Botswana (Proprietary) Limited and Gem Diamonds Investments Limited.

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Non-Gold Precious Metals & Minerals

Calendar

2024-06-04 - Annual General Meeting

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