Gem in merger talks with Lucara

 In a statement, the Gem Diamonds confirmed the talks were underway although they are still at an early stage.

"These discussions are at a very early stage and there can be no certainty the contemplated merger will occur or of the timing or terms of any such transaction," said Gem Diamonds in a statement yesterday. If the deal goes through, it would see AK6 Mine in Boteti and the soon-to-be-constructed Gope Mine in the CKGR coming under the same ownership.