Gem Diamonds Limited · LSE:GEMD
Gem Diamonds — Corporate Update (September 2014)
8 slides from Gem Diamonds's corporate update, September 2014
Slide 1: Ghaghoo Diamond Mine
Gem Diamonds Limited GHAGHOO 2nd Floor, Coastal Building Wickham’s Cay II Road Town DIAMOND MINE Tortola British Virgin Islands Registration number: 669758 www.gemdiamonds.com The Next Generation of Diamond Mines
Slide 2: Gem Diamonds Limited
00 01 GEM DIAMONDS LIMITED Gem Diamonds is one of the world’s leading producers of high value diamonds. Within the Company’s asset portfolio are two key diamond mines, the Letšeng Mine in the Kingdom of Lesotho and the Ghaghoo mine in Botswana. The Company owns 70% of the world class Letšeng Gem Dia
Slide 3: Gem Diamonds Limited – Ghaghoo Diamond Mine
02 03 GEM DIAMONDS LIMITED GHAGHOO DIAMOND MINE Gem Diamonds has also made strategic investments into downstream Development of the Ghaghoo mine highlights Gem Diamonds’ specialist technical capabilities to provide the Company with access to a larger part of the diamond skillsets in managing the dev
Slide 4: Bringing benefits to local communities
04 05 bringing benefits to local communities A Community Trust has been established by Ghaghoo, which includes two trustees from project affected communities. First funds have already been injected into the Trust which has commissioned various community projects during the first half of 2014. A Comm
Slide 5: Key Facts
06 07 MINE NAME Key Facts acquired ghaghoo Diamond Mine Development of Phase 1 of the Ghaghoo underground mine has been achieved on may time and on budget. The processing plant is being commissioned, with 2,400 carats recovered from commissioning as at 30 June 2014. 2007 location The first diamonds
Slide 6: Development plans
08 09 development plans ‘Ghaghoo’ is the name of a locally abundant umbrella thorn acacia tree, and is the name historically used by locals to refer to the area, before geological exploration teams arrived over thirty years ago, renaming the area ‘Gope’ - literally translated meaning ‘nowhere’. The
Slide 7: Focus for H2 2014 and onwards
10 11 continuing with focus for H2 2014 and onwards the focus at ghaghoo will be on the following key points: the build-up to an annual production The development of the Ghaghoo mine is progressing well and on schedule with rate of 60,000 tonnes 2,400 carats having been recovered up to 30 June 2014
Slide 8: Ghaghoo mine timeline
12 13 ghaghoo mine timeline: 2007 2008 2009 2010 2011 May: Gem Diamonds September: Global financial All efforts are focused August: Design for an underground mine First quarter: Gope is renamed April: Construction of the staging July: Redpath Mining is awarded the acquires the Gope crisis on minimis