OTHER

Gem large diamond recoveries enter double digits

Eleventh large stone recovered at 100.5ct from Letšeng

Staff reporter

This article is 7 years old. Images might not display.

Its latest recovery is its eleventh large stone for the year, a 100.5ct top white colour type 2a diamond from its 70%-owned Letšeng mine in Lesotho.

Among the other 10 is the Lesotho Legend, an exceptional quality 910ct D colour type 2a diamond that is the second largest recovered in the past century. It was sold in March for US$40 million.

In 2017, Gem recovered seven over-100ct diamonds.

The company's shares were down 2% Friday to £1.145 (US$1.50).

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

Investor Sentiment Insights 2026

Discover what investors have planned for mining in 2026 in our industry-leading survey

editions

World Risk Insights 2025 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 120 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.