GEM Diamonds at a glance
Gem Diamonds is a leading producer of high-value diamonds. The Group owns the Letšeng mine in Lesotho, and the Ghaghoo mine in Botswana.
The Letšeng mine is renowned for its regular production of large, top colour, exceptional white diamonds, making it the highest average dollar per carat kimberlite diamond mine in the world. Since Gem Diamonds acquired the mine in 2006, Letšeng has produced four of the 20 largest white gem quality diamonds ever recovered.
Gem Diamonds has an organic growth strategy based on enhancing the operating efficiencies of the Letšeng mine and bringing the Ghaghoo mine into full production. Achieving operational excellence through cost reductions and enhancing current production is an essential focus.
Additional value is created through the Group’s expanded sales, marketing and manufacturing capabilities.
Belgium GEM Diamonds marketing services BVBA
The Group's marketing operation, Gem Diamond Marketing Services BVBA, a Belgian-based subsidiary, has implemented a dynamic and flexible sales strategy for its high value diamonds from the Letšeng mine in Lesotho.
Botswana Ghaghoo Diamond mine
In May 2007, Gem Diamonds acquired Gope Exploration from De Beers and Xstrata for US$34 million. Gope Exploration Company (Pty) Limited, now renamed Gem Diamonds Botswana (Pty) Limited, holds a 25 year mining licence for the Gope Deposit, now renamed as Ghaghoo Diamond Mine.More info
Botswana GEM Diamonds marketing services
The Groups's diamond sorting, sales and marketing operations in Botswana focuses on:
- Maximising the revenue achieved on diamond sales
- Developing the Gem Diamonds brand in the market
- Enhancing customer relations
The mine, located in the Maluti Mountains in the Kingdom of Lesotho in Southern Africa, is the world's highest diamond mine, at an average altitude of 3,100m above sea level, and one of the coldest places in Africa.More info
United Kingdom Gem Diamonds Limited
Company headquarters in the United Kingdom
South Africa Gem Diamonds Technical Services
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