Gem Diamonds (GB:GEMD) has released an update.
Gem Diamonds Limited has announced the discovery of an impressive 123.20-carat Type II white diamond at the Letšeng mine in Lesotho, marking the eighth diamond over 100 carats unearthed this year. The Letšeng mine, in which the company has a 70% stake, is renowned for producing large, high-quality white diamonds and is the highest dollar per carat kimberlite diamond mine globally.
For further insights into GB:GEMD stock, check out TipRanks’ Stock Analysis page.