Gem Diamonds has announced the recovery of a 169.15-carat Type II white diamond, its fourth +100-cts stone of 2024. The UK-based miner recovered a total of just five +100-cts stones in the whole of 2023 from its Letseng mine in Lesotho, well down on its long-term average of eight a year. In January Gem recovered […]

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Last year was a momentous one for Africa-focused Gem Diamonds (LON: GEMD), as it recovered a record number of huge precious stones from its flagship Letšeng mine in Lesotho, the world’s highest-dollar-per-carat diamond mine. In Q4 2018, the company recovered three of the 15 diamonds over 100 carats — a new record for the London-based […]

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Africa-focused Gem Diamonds (LON:GEMD) said Wednesday it’s on track to meet its long-term targets, as third-quarter production rose 27% in the three months to Sep. 30, when compared to the same period last year. The company, which has found over a dozen of huge precious rocks at its flagship Letšeng mine in Lesotho this year, […]

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Gem Diamonds Limited announced the recovery of a 100.5 carat, top white colour Type IIA Diamond from the Letseng mine in Lesotho, the 11th gemstone of over 100 cts recovered during this year. Letseng is described by the Company as the highest dollar per carat kimberlite diamond mine in the world. Since Gem Diamonds acquired […]

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London–The big finds for Gem Diamonds keep on coming. The mining company announced Monday the discovery of a 149-carat, D color, Type IIa diamond at the Letšeng mine in Lesotho. The company said it is of “exceptional quality” and has an “excellent shape.” This is the fourth high-quality diamond weighing more than 100 carats recovered […]

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