Monday, April 09, 2007
Gem Diamond Mining Company of Africa Ltd (Gem Diamonds) has recently announced that it has received final shareholder agreement from JCI Ltd (JCD) and Matodzi Resources Ltd (MTZ) for the further acquisition of a 76% stake in Letseng Diamonds (Pty) Ltd, the operator of the Letseng Diamond Mine in Lesotho (Letseng). Gem Diamonds now owns 76% of Letseng and the Government of the Kingdom of Lesotho owns from the remaining 24%.
posted by kanth
@ 10:04 PM
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