Gem encounters frustration with Ghaghoo sale after Vast pulls out of $4m JV deal

GEM Diamonds’ efforts to sell its mothballed Botswana mine Ghaghoo have resulted in frustration again after Vast Resources called off its participation in the proposed $4m deal. Vast and Botswana Diamonds (BOD) had combined forces in a joint venture company called Okwa to buy Ghaghoo. According to a Gem Diamonds trading statement today “… Vast […]