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Thursday, 28 July 2016

“We’re in the right spot” - GEM International’s Phillips on new diamond assets in Angola: ProactiveInvestors Stocktube

Published on Jul 28, 2016
We’re joined by Andrew Phillips, investor relations director at GEM International which has landed on its feet into a sought after diamond postcode in Angola.

Having has success in the past financing and developing diamond assets, the Gem International team has been looking for some time at diamond projects.

The area in question is covered by the Dala claims which, according to Philips, are the most sought after claims in all of Angola.

Dala is located near the world’s fourth largest diamond mine, which is just to the north, while another large 30-year mine is currently in development to the east, he added.

“We’re in the right spot,” he says.

Philips also talks through the ownership structure and funding plans.

http://www.4-traders.com/GEM-INTERNATIONAL-RESOURC-1409472/
http://www.4-traders.com/GEM-INTERNATIONAL-RESOURC-19344215/ - de

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