Company announcements

By: Gem Diamonds  11-11-2011
Keywords: Diamond Mining

10 August 2011

Gem Diamonds Botswana and VOX United to hand over Boreholes to residents of the Central Kalahari Game Reserve (CKGR) in Botswana

Gem Diamonds Botswana is pleased to announce that it will hand over four boreholes to the Mothomelo, Metsiamanong, Molapo and Gope residents in the CKGR in Botswana at the end of August. Gem Diamonds Botswana recently established a partnership with a non-profit making organization, VOX United, to drill boreholes in order to provide the residents of the CKGR with water. Gem Diamonds Botswana is contributing to this important community project both financially and with its technical drilling experience.

The Managing Director of Gem Diamonds Botswana, Haile Mphusu, said that the Mothomelo borehole has already been equipped and is ready for use while the Metsiamanong, Molapo and Gope boreholes are expected to be equipped by the end of August 2011. In addition, Mr Mphusu said that Gem Diamonds Botswana is investigating the sustainable viability of various water purification options to ensure that the boreholes will provide potable water to the residents of the CKGR.

Once the boreholes are operational, Gem Diamonds Botswana will assist the CKGR residents with the implementation of a sustainable maintenance programme for the boreholes.

The borehole drilling programme is a part of Gem Diamonds Botswana’s ongoing corporate social responsibility and sustainability programme, which is aimed at the development of a lasting, positive legacy through regular, sustained and participative communication and collaboration. The programme will also benefit the local ecosystem as it will provide multiple sources of water at the various settlements in the CKGR.

For further information:

Gem Diamonds Botswana Limited
Haile Mphusu, Managing Director, Gem Diamonds Botswana
Tel: +267 318 27 96

Gem Diamond Technical Services (Pty) Ltd
Sherryn Tedder, Corporate Affairs
Tel: +27 (0) 11 560 9600
Mob: +27 (0) 83 943 4505

Pelham Bell Pottinger
Charles Vivian
Tel: +44 (0) 207 861 3126
Mob: +44 (0) 7977 297 903

James MacFarlane
Tel: +44 (0) 207 861 3864
Mob: +44 (0) 7841 672 831

About Gem Diamonds

Gem Diamonds is an international diamond mining company that has pursued a long term growth strategy through targeted acquisitions and the development of its existing assets. Following the recovery in diamond prices in 2010 the Company’s focus has been to place itself in a position to take advantage of long term growth opportunities.

The Company’s mining portfolio comprises producing kimberlite and lamproite mines in Lesotho and Australia, as well as a mine development project in Botswana.

With Letšeng’s production of the world’s most sought after remarkable white diamonds and Ellendale’s production of rare fancy yellow diamonds, Gem Diamonds remains focused on higher value diamonds. This segment of the market is likely to deliver attractive long term returns.

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2009 Gem Diamonds Limited

Keywords: Diamond Mining

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