Gem Diamonds Limited
13 February 2008
News Release
13 February 2008
GEM DIAMONDS LIMITED
('Gem Diamonds' or the 'Company')
APPOINTMENT OF MANAGING DIRECTOR, KIMBERLEY DIAMOND COMPANY
Gem Diamonds is pleased to announce the appointment of Mr. Alistair Croll as
Managing Director of Kimberley Diamond Company NL, which was acquired by Gem
Diamonds Limited in November 2007.
Mr. Croll has extensive experience in the resources industry, both in Australia
and internationally.
After graduating from the University of Witwatersrand with a degree in mining
engineering, Mr Croll commenced a 17 year career with De Beers. During this time
he worked at a number of De Beers alluvial, open-cut and underground operations
in a variety of roles including operational, project, technical and senior
management.
Most recently Mr. Croll was the Chief Operating Officer for Consolidated
Minerals Limited in Australia where he was responsible for overseeing the
company's manganese, chromite and nickel operations.
Mr. Croll will be based in Kimberley Diamond Company's Perth office, where he
will play a critical role in developing the Ellendale Mine to its full
potential.
The appointment takes effect on the 25th February, 2008.
For further information:
Gem Diamonds Australia
Stephen Wetherall
Tel: +61 437 855 164
Gem Diamond Technical Services
Angela Parr
Tel: +27 11 560 9600
Pelham PR
Candice Sgroi
Tel: +44 207 743 6376
About Gem Diamonds
Gem Diamonds Limited (LSE: GEMD) is a global leading diamond producer that is
pursuing an accelerated growth strategy through targeted acquisitions and the
development of existing assets. Gem Diamonds portfolio comprises producing
kimberlite, lamproite and alluvial mines, development projects and exploration
assets. Operations are situated in Angola, Australia, Botswana, the Central
African Republic, the Democratic Republic of Congo, Lesotho and Indonesia. Gem
Diamonds produces some of the world's most remarkable white diamonds from its
Letseng Mine and rare fancy yellow diamonds from its Ellendale Mine and an array
of coloured diamonds from its Cempaka Mine.
Established in July 2005, Gem Diamonds listed on the main board of the London
Stock Exchange in February 2007 raising US$635 million. It is currently
capitalised at approximately US$1.1 billion and had US$175 million of cash on
its balance sheet at year end.
This information is provided by RNS
The company news service from the London Stock Exchange