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General mining & base metals

Gem Diamonds unveils another +100 carat find

The Letšeng mine's latest treasure is described as a 138 carat, top white colour Type IIa diamond

Gem Diamonds Limited (LON:GEMD) has unveiled its latest significant diamond find, with the recovery of a 138 carat stone from the Letšeng mine in Lesotho.

Described as ‘the highest dollar per carat kimberlite mine in the world’, Letšeng has yielded another high-value prize.

READ: Gem Diamonds posts record number of 100+ carat diamond recoveries

The London-listed diamond firm told investors that the latest find is a 138 carat, top white colour Type IIa diamond.

It is the twelfth +100 carat to be unearthed at Letšeng this year, which with more than four months still to go is a record breaker for the company.

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