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IN BRIEF: Gem Diamonds discovers white diamond over 100 carats

ALN

Gem Diamonds Ltd - diamond miner which has operations in Lesotho and Botswana - Says that it recovered a 169.15 carat, type two white diamond, at the Letseng mine in Lesotho on April 18. This is the fourth diamond that Gem Diamonds has recovered this year which is over 100 carats. It explains that the Letseng mine ‘is famous for the production of large, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world’.

Current stock price: 8.60 pence

12-month change: down 68%

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