Gem Diamonds has announced the recovery of a 357-carat light brown high quality diamond has been recovered from Letšeng, which is the 13^th diamond of over 100 carats to be recovered in 2018. This is a record for the Company in terms of the number of diamonds of over 100 carats recovered in a year.

In August, the company had announced the recovery a 138-carat, top white colour Type IIa diamond from the Letšeng mine in Lesotho.

Meanwhile, the company also announced that record recoveries of large, high quality diamonds at Letšeng, combined with the discovery and subsequent sale of the Lesotho Legend have generated a strong financial performance for the first half of 2018.