Gem Diamonds recovers 169-carat white diamond in Lesotho

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Sharecast News | 22 Apr, 2024

Updated : 09:35

15:15 05/11/24

  • 11.90
  • 9.17%1.00
  • Max: 11.95
  • Min: 10.85
  • Volume: 5,335
  • MM 200 : 0.43

Gem Diamonds announced the retrieval of a notable 169.15-carat type II white diamond from its Letšeng mine in Lesotho on Monday.

The London-listed firm said the diamond was recovered on 18 April.

It marked the fourth instance of the company unearthing a diamond exceeding 100 carats in the current year.

At 0830 BST, shares in Gem Diamonds were up 3.7% at 8.94p.

Reporting by Josh White for Sharecast.com.

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