industry diamond mining founded 2005 headquarters london england uk key people roger davis chairman clifford elphick ceo revenue 395.6 million 2011 1 operating income 153.6 million 2011 1 net income 102.8 million 2011 1 website www.gemdiamonds.com gem diamonds is a british based global diamond mining business . it is headquartered in london and is listed on the london stock exchange . contents 1 history 2 operations 3 see also 4 references 5 external links history edit the business was founded by clifford elphick in july 2005 . 2 in 2006 the company announced that it had found a diamond of 603 carats 120.6 g at the letseng diamond mine . 3 the company was first listed on the london stock exchange in 2007 . 4 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 . 5 construction of the first phase of a mine ghaghoo located 45 km within the eastern border of the central kalahari game reserve began in 2011 . 6 it is an incredibly controversial matter as the government of botswana has allowed for mining exploration and construction within a game reserve originally intended for the bushmen and the wildlife they subsist on . while one can not directly prove the governments intentions ironically a year before this exploration began the government started the forced removal of the bushmen from their lands . operations edit the company has mines in the following locations botswana lesotho see also edit rockwell diamonds list of companies based in london references edit a b c preliminary results 2011 gem diamonds may close mine following price plunge bloomberg 1 april 2009 lesotho diamond put up for sale bbc news 5 october 2006 gem diamonds sparkles in r4bn london ipo mining weekly 14 february 2007 controversy stalks gem diamonds botswana project october 30 2007 . minweb.com . accessed on march 2 2009 . gem diamonds operations overview . gemdiamonds.com . external links edit official site retrieved from https en.wikipedia.org w index.php title gem diamonds & oldid 737052761 categories companies established in 2005diamond mining companiescompanies based in london navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutsch edit links this page was last modified on 31 august 2016 at 13 24 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view