London-listed Gem Diamonds has announced the recovery of a 442-carat type II rough diamond at its iconic Letšeng mine in Lesotho. The company said that the find was one of the largest gem quality rocks to be recovered this year. The last stone over 100 carats...
London-listed Gem Diamonds increased its revenue by 41% in the final quarter of 2019 following a rise in prices for precious stones, including high quality diamonds. The mining firm’s revenue increased from US$36.3 million in the previous quarter to $51.3 million in Q4, with a 21%...
Dominion Diamond Mines has announced the discovery of a 552-carat diamond from one of its Canadian mines, claiming it to be the largest gem-quality stone ever found in North America. The yellowish stone, found at the Diavik Mine in Canada´s Northwest Territories near the Arctic Circle,...
Two diamond miners in Gem Diamonds and Lucapa Diamond have both announced the discovery of significant finds, including two over the 100 carat range, at their African flagship sites. Gem Diamonds unearthed a 117-carat and a 110-carat D color Type IIa diamond at its Letšeng mine...
Gem Diamonds (LSE:GEMD) has announced another enormous find at its flagship Letšeng mine in Lesotho, a 126-carat rock, making July the fourth consecutive month it has unearthed a rock of high significance. The Southern Africa-based mining company said the rock was a high quality 126-carat, D...
Africa-focused Gem Diamonds (LSE:GEMD) has announced two significant diamond discoveries from its Letšeng mine in Lesotho, Southern Africa. The first of the two massive specimens is a 151.52-carat Type I yellow rock, while the second also measured over 100 carats, being a 104.73-carat D-colour Type IIa...