Gem Diamonds to meet production target
Thursday, January 30, 2014

The company has hit a kimberlite a month ahead of schedule and says this has improved interest from stakeholders. "The kimberlite was hit at level zero which is 130m below the surface and this has improved interest among the stakeholders into the project as well as the team's ability to deliver on the project," the company said.
Instead, it has sparked a storm of accusations, denials, and unresolved questions about the influence of De Beers on the nation’s politics. Former president Mokgweetsi Masisi’s claims that the diamond giants bankrolled his removal to dodge taxes – and that the new Umbrella for Democratic Change (UDC) government watered down a favourable diamond deal – are explosive matters. But without evidence, they risk becoming a toxic distraction from...