Copper $ 5.6358 / lb 2.72%
Brent Crude Oil $ 104.4 / bbl -4.21%
Palladium $ 1496.5 / ozt 5.39%
Crude Oil $ 101.85 / bbl -3.06%
Natural Gas $ 2.89 / Btu 0.10%
Silver Futures $ 75.495 / ozt 7.47%
Aluminum Futures $ 3314.25 / ton -1.21%
Micro Gold Futures $ 4713.1 / ozt 3.80%
Micro Silver Futures $ 75.48 / ozt 7.54%
Platinum $ 1973.85 / ozt 4.22%
Gold Futures $ 4713.3 / ozt 3.84%
Go to MDC Markets

Gem Diamonds sells Botswana unit for $4 million

Cecilia Jamasmie | August 23, 2021 | 3:53 am News Suppliers & Equipment Africa Europe Diamond 

Africa-focused Gem Diamonds (LON: GEMD) is selling its Botswana subsidiary to Okwa Diamonds, owned by Vast Resources (LON: VAST) and Botswana Diamonds (LON: BOD), for only $4 million.  Okwa Diamond’s main target is the mothballed Ghaghoo in central Botswana, which Gem acquired from De Beers in 2007. The company had hoped...

Mining.com Recommends