Brief: Gem Diamonds Ltd Says Letšeng Diamonds Reached Agreement With MMIC For Its Load And Haul Contract With Letšeng

Gem Diamonds

15/11/2023 07:42

Nov 15 (Reuters) - Gem Diamonds Ltd  GEMD.L :
    * GEM DIAMONDS LIMITED  - LETŠENG LOAD AND HAUL CONTRACT
    * GEM DIAMONDS LTD -  SUBSIDIARY, LETŠENG DIAMONDS REACHED
AGREEMENT WITH MATEKANE MINING INVESTMENT COMPANY FOR ITS LOAD
AND HAUL CONTRACT WITH LETŠENG
    * GEM DIAMONDS LTD - REACHED AGREEMENT WITH MMIC TO
TERMINATE LOAD
AND HAUL CONTRACT WITH EFFECT FROM 1 DECEMBER 2023
    * GEM DIAMONDS LTD - TRANSACTION IS EXPECTED TO LEAD TO
FURTHER
EFFICIENCIES AND OPERATIONAL COST REDUCTIONS AT LETŠENG

Further company coverage:  GEMD.L 

 ((Reuters.Briefs@thomsonreuters.com;))