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IN BRIEF: Gem Diamonds finds 113 carat type 2 white diamond in Lesotho

Mon, 19th Feb 2024 14:15

Gem Diamonds Ltd - London-based diamond miner with operations in Lesotho and Botswana - Finds a high quality 113 carat type 2 white diamond at the Letseng mine in Lesotho. Together with the 295 carat high quality type 2 white diamond as well as the 139 carat low quality Boart diamond recovered last month, says it is the third greater than 100 carat diamond recovered to date this year.

Current stock price: 10.10 pence, up 2.2%

12-month change: down 67%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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(Repeats to additional subscribers with no changes to text)* Global diamond supply chains convulsed by pandemic* Diamond polishers in India switch to farming* Miners seek new supply deals to boost margins* Mines from Canada to Lesotho still shuttered...

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