Presenting at RBC Diamond Con

RNS Number : 2972K

Gem Diamonds Limited

16 April 2010

 



16^th April 2010

GEM DIAMONDS LIMITED

("Gem Diamonds" or the "Company")

Gem Diamonds (LSE: GEMD), the FTSE 250 diamond mining company, is today presenting at the RBC Diamond conference in London and copies of the presentation are available on the Gem Diamonds website www.gemdiamonds.com .

For further information:

Investor Relations

Richard Chetwode

Tel: [phone]

Gem Diamond Technical Services

Sherryn Tedder

Tel: [phone]

Pelham Bell Pottinger

James MacFarlane/ Charles Vivian

Tel: [phone]

About Gem Diamonds

Gem Diamonds Limited (LSE: GEMD) is a diamond mining and marketing company with a specific focus towards higher value diamonds, a segment of the market that its management believes will deliver superior long term returns. 

Under current market conditions, Gem Diamonds is pursuing a near term strategy of focusing on cash preservation and generating maximum cash flow from its producing assets, the Letšeng Mine in Lesotho and the Kimberley Diamonds' Ellendale E9 Pipe in Australia. These two operations continue to produce amongst the world's finest white and fancy yellow diamonds respectively.

 

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