Diamond Miner Ends Large Gem Drought With 114-Carat Find | Gem International Resources Inc.

Diamond Miner Ends Large Gem Drought With 114-Carat Find

 

April 7, 2017, Bloomberg Markets

Gem Diamonds Ltd. said it unearthed a 114-carat diamond at its Lesotho mine in southern Africa, helping to ease concerns about a dearth of large finds.

The stone is a D color Type II diamond of exceptional quality, Gem Diamonds said in a statement Friday. It was the second Lesotho diamond discovery bigger than 100 carats announced this week, after a rival miner said Wednesday it had unearthed its first stone of that size.

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