Gem Diamonds - History

History

The business was founded by Clifford Elphick in July 2005. In 2006 the company announced that it had found a diamond of 603 carats (121 g) at the Letseng diamond mine. The Company was first listed on the London Stock Exchange in 2007.

In 2007 the company began diamond prospecting on traditional Bushmen lands in Botswana. Survival International alleged that the company had not carried out sufficient consultation with the Bushmen, many of whom have been forced from their homes.

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