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Letšeng Mine, under Gem Diamonds' operation, reveals its bounty with the recovery of a significant 295-carat rough diamond. This remarkable find adds to the prestigious legacy of Letšeng as a prolific source of exceptional gemstones
This exceptional find marks the fourth time in the current year that Gem Diamonds has unearthed rough diamonds exceeding 100 carats, reinforcing the mine's reputation for producing high-quality gemstones
Gem Diamonds’ earnings slumped in the first half of 2022 as the average selling price dropped and the Russia-Ukraine war caused a jump in fuel costs.Net profit fell 51% year on year to $8.3 million for the six months, the miner reported Thursday. Revenue slipped 4% to $100 million.Demand and...
Gem Diamonds has recovered a 245-carat rough from its Letšeng mine in Lesotho, its third 100-carat-plus stone in three weeks.The “exceptional-quality,” white, type IIa diamond was unearthed at the site on June 11, Gem Diamonds said Monday. The discovery closely follows that of a high-quality,...
Gem Diamonds has recovered a 125-carat rough from its Letšeng mine in Lesotho, its second stone over 100 carats this year.The high-quality, white diamond was unearthed at the site on May 31, Gem Diamonds said Thursday. The discovery comes hot on the heels of a high-value, 129-carat rough the...