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Ghaghoo Mine
Ghaghoo Mine

Ghaghoo underground diamond mine, Botswana Restricted

Gem Diamonds officially opened its new Ghaghoo diamond mine on September 5.
12th September 2014

Policy reliability made Botswana mine investment possible – Gem Diamonds

Botswana president Ian Khama Botswana’s policy reliability and investment certainty made it possible for Gem Diamonds to commit a billion pula to the initial phase of the country’s first underground diamond mine despite institutional funding having dried up in the aftermath...
8th September 2014

Gem Diamonds lifts Letšeng FY guidance after ‘exceptional’ H1 performance

Letšeng mine London-listed Gem Diamonds has upped the full-year production guidance for its 70%-owned flagship Letšeng mine, in Lesotho, from between 90 000 ct and 95 000 ct to between 95 000 ct and 100 000 ct, saying on Tuesday that the mine had delivered an...
29th July 2014

Gem Diamonds sale prices hike 70%

Letseng Mine As the demand for rough diamonds continues on an upward trend, Aim-listed Gem Diamonds reports a continued strong output from its Letšeng mine, with prices achieved per carat during the first quarter of the year 70% higher than the first quarter...
12th May 2014

Ghaghoo underground diamond mine, Botswana Restricted

Ghaghoo will be built as an underground mine in a phased manner to take advantage of the 2.1-million-carat mineable reserve.
11th April 2014
Editorial Insight

Iron project in northern Bushveld, platinum mine builder cuts risk, diamond mine coming on stream

Ironveld to produce pilor-plant pig iron on the northern limb of the Bushveld Complex from mid-2014; Wesizwe Platinum cutting coat according to cloth; and Gem Diamonds gearing for commercial production from Ghaghoo in Botswana in the second half...
28th March 2014

Gem Diamond’s $96m Botswana mine on track for H2 production

Letseng mine As Gem Diamond’s flagship Letšeng mine, in Lesotho, continued to perform well during the year to December, the London-listed diamond miner was gearing up for commercial production from its Ghaghoo mine, in Botswana. The $96-million mine, situated...
18th March 2014

Gem Diamonds posts strengthened diamond recovery, price for Q4

Letšeng mine Global diamond producer Gem Diamonds posted a modest improvement in recovered carats for the fourth quarter ended December 31, 2013, as the satellite pipe at its flagship Lesotho-based Letšeng mine delivered “exceptional” quality diamonds in the...
28th January 2014

Company to explore Botswana through JV

Aim-listed diamond explorer Botswana Diamonds’ wholly owned subsidiary, Atlas Minerals, has signed a joint venture (JV) agreement with Russia-based OJSC Alrosa subsidiary Sunland Holdings to conduct diamond exploration in Botswana. The JV, which...
18th October 2013

Gem recovers another 100 ct diamond at Letšeng, shares rise

LSE-listed Gem Diamonds’ share price rose by 7.74% on Wednesday morning after it announced that it had recovered another 100 ct diamond at its Letšeng mine. The white, Type IIa diamond was recovered on June 22 and is the third diamond larger than...
26th June 2013

Ghaghoo underground diamond mine, Botswana Restricted

Gem Diamonds has initiated a review of its capital investment plans and has indicated that it may delay its projects in Botswana.
3rd August 2012

Gem Diamonds reviews capex plans for Lesotho, Botswana projects

London-listed Gem Diamonds has initiated a review of its capital investment plans and said it might delay projects in Lesotho and Botswana in order to protect the company’s balance sheet in light of continued economic uncertainty. CEO Clifford...
30th July 2012
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