Business
Recovery of 553ct diamond
Recovery of 553ct diamond.
About this update from Gem Diamonds Limited
[{"type":"text","content":"\n \nRNS Number : 3458N Gem Diamonds Limited 31 August 2011 \n \n\n News Release 31st August 2011\n \n \nGEM DIAMONDS LIMITED\n\"Gem Diamonds\" or \"the Company\"\n \nAnd\n \nTHE GOVERNMENT OF THE KINGDOM OF LESOTHO\n\"The Government of Lesotho\"\n \nRECOVERY OF HISTORIC 553 CARAT WHITE DIAMOND\n \nGem Diamonds, the FTSE 250 listed diamond company, in partnership with the Government of the Kingdom of Lesotho, is delighted to announce the recovery of an historic 553 carat Type II D colour diamond from the Letšeng Mine in Lesotho, which is currently undergoing analysis in Antwerp. \n \nThis exceptional diamond, which is yet to be named, ranks as the 15th largest white diamond ever to be recovered. It is the fourth historic diamond recovered from the Letšeng Mine in recent years, following the recovery of the 603 carat Lesotho Promise, the 493 carat Letšeng Legacy and the 478 carat Light of Letšeng. Further details will be provided in due course. \n \n \nFor further information:\n \nGem Diamonds Limited\n \nClifford Elphick, Chief Executive Officer\nGlenn Turner, Chief Commercial and Legal Officer\nTel: +44 (0) 203 043 0280\n \nRichard Chetwode, Investor Relations\nTel: +44 (0) 203 043 0280\nMob: +44 (0) 759 0064 883\n \nGem Diamond Technical Services (Pty) Ltd\n \nSherryn Tedder, Corporate Affairs\nTel: +27 (0) 11 560 9600\nMob: +27 (0) 83 943 4505\n \nPelham Bell Pottinger \n \nJames Henderson...