Gem Diamonds Limited Sale of 13.33 carat pink diamond (8527S)
14 March 2019 - 6:01PM
UK Regulatory
TIDMGEMD
RNS Number : 8527S
Gem Diamonds Limited
14 March 2019
14 March 2019
GEM DIAMONDS LIMITED
("Gem Diamonds" or "the Company")
Sale of 13.33 carat pink diamond
Gem Diamonds Limited (LSE: GEMD) is pleased to announce that a
13.33 carat pink diamond recovered at the Letšeng mine in February
2019 has been sold on tender in Antwerp for US$ 8,750,360. This
represents a record dollar per carat price of US$ 656,933 for a
Letšeng diamond.
A picture of this pink diamond may be viewed on the Company
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 / Joanna Parker
Tel: +44 (0) 207 520 9261
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 and
100% of the Ghaghoo mine in Botswana. 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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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