Notice of Results

RNS Number : 0003Z

Gem Diamonds Limited

12 March 2012

 



12 March 2012

GEM DIAMONDS LIMITED

("Gem Diamonds" or the "Company")

NOTIFICATION OF FULL YEAR RESULTS

Gem Diamonds Limited (LSE: GEMD) announces that it intends to release its full year results for the year ended 31 December 2011 at 7am BST on Tuesday 20 March 2012.

An analyst presentation will be held at 9:30am BST in the Theatre at the London Stock Exchange, 10 Paternoster Square, London, EC4M 7LS. A live webcast of this presentation will also be available on the Company's website (www.gemdiamonds.com).

 For further information:

Gem Diamonds Limited

Sherryn Tedder, Investor Relations

Tel: [phone]

Mob: [phone]

Kim O'Farrell, Public and Media Relations

Tel: [phone]

Mob: [phone]

Pelham Bell Pottinger

James MacFarlane

Tel: [phone]

About Gem Diamonds:

Gem Diamonds is a leading global diamond producer with a focus on high value diamonds. Its production portfolio comprises kimberlite and lamproite mines in Lesotho and Australia, and a mine development project in Botswana. Both production mines are world-leaders in production of the highest quality, highest value gems: remarkable whites from the Letšeng mine in Lesotho; fancy yellow diamonds from Ellendale in Australia. This production positions the Company strongly in a segment of the market expected to generate attractive returns over the long term.

Gem Diamonds has a clear and consistent growth strategy based on the development of its existing assets and maximising its revenue from its rough diamonds by pursuing cutting and polishing initiatives further down the diamond pipeline. The strategy has been implemented with a view to maximizing the returns from the Company's existing assets based on the favourable supply demand dynamics which are forecast over the longer term.

www.gemdiamonds.com

 

END

 

 

NORMMGGFVRZGZZM