Gem Diamonds opens Ghaghoo diamond mine

Gem Diamonds Limited hosted a ceremony to mark the opening the Ghaghoo diamond mine in Botswana, to be attended by the President of Botswana, Lieutenant General Seretse Khama Ian Khama. The mine will be the first underground diamond mine in the country. The company adds this feat as a major development, looking ahead to operating its second major producing diamond mine, apart from Letšeng mine in Lesotho.

Through a phased development plan, Ghaghoo is expected to emerge as part of a new generation of diamond mines in Botswana, with a core focus on ensuring that the highest benchmarks of excellence across health and safety and social and environmental impacts are achieved. The company has undergone a series of extensive studies and assessments relating to the environment, local communities and broader social impacts of the Ghaghoo mine. The company notes the mine will contribute further to the modernisation of the diamond mining industry to ensure long term sustainability.

The objective of Phase 1 of the development is to confirm the grade, diamond prices and the recovery processes, including the use of autogenous milling, which is expected to increase diamond liberation. Results from Phase 1 will define the further development plans at Ghaghoo. Clifford Elphick, CEO of Gem Diamonds commented: “The potential of this ore body and the economic benefits to shareholders, employees and the Botswana nation will soon become evident. We believe that our steadfast approach and commitment to being an excellent corporate citizen, and working to ensure we operate in an environmentally and socially responsible manner is key in determining the long term success of the Ghaghoo mine. The mine and our investment to date demonstrates our commitment to the country and to the people of Botswana. We see considerable opportunities in playing an important role in the country’s future and bringing jobs and economic opportunities to the surrounding communities.”