Gem Diamonds recovers 138 carat diamond from Letseng mine

Gem Diamonds has recovered another diamond of more than 100 carats from its Letseng mine in Lesotho.

The company said on Wednesday that it has recovered a 138 carat, top white colour Type IIa diamond.

This marks the twelfth diamond of more than 100 carats this year and a record for Gem in terms of the number of diamonds of more than 100 carats recovered in a year.

Last month, the group recovered a 100.5 carat, top white colour Type IIa diamond from Letseng.

At 0935 BST, the shares were up 2.6% to 117p.