Gem Diamonds Recovers 12th Diamond of over 100 carats in 2018

Gem Diamonds Limited has announced the recovery of a 138-carat, top white colour Type IIa diamond from the Letšeng mine in Lesotho, making it the highest dollar per carat kimberlite diamond mine in the world.

This recovery is now the twelfth diamond of over 100-carats in 2018, and a record for the Company in terms of the number of diamonds of over 100-carats recovered in a year. Earlier this year in May the company had announced the recovery of a 115-carat, top white colour Type IIa diamond from the mine.

The Company owns 70 per cent of the Letšeng mine in Lesotho and 100 per cent of the Ghaghoo mine in Botswana. The Letšeng mine is famous for the production of large, top colour, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world.