RAPAPORT… Gem Diamonds has recovered a 125-carat diamond at its Letšeng
mine in Lesotho, bringing the company’s annual haul of 100-carat-plus stones to
15.
It found the high-quality, white, type IIa diamond on
December 20, shortly after unearthing two other stones weighing 101 carats and
71 carats, the miner said last month.
The total number of diamond discoveries above 100 carats beats
the company’s record of 11 in 2015.
Earlier this year, Gem Diamonds recovered the 910-carat
Lesotho Legend, selling it for $40 million in March. It also unearthed a
169-carat stone that month, and unveiled a 357-carat rough in October.
Image: The 125-carat diamond. (Gem Diamonds)
Gem Diamonds Signs Off 2018 with 125ct. Find
The Bottom Line
- Gem Diamonds recovered a 125-carat, high-quality white type IIa diamond at Letšeng on December 20, 2018.
- The company found 15 diamonds over 100 carats in 2018, surpassing its previous record of 11 set in 2015.
- Notable 2018 finds include the 910-carat Lesotho Legend sold for $40 million, a 169-carat stone, and a 357-carat rough diamond.
Summary by Rapaport AI
More Stories

Qatar Diamond Exchange to Collaborate with Italian Bourse
Parties signed MoU to extend connection among their members, broaden cooperation and advance commercial relationships.

China Signs Deal to Reinvigorate Interest in Natural Diamonds
Shanghai Diamond Exchange hosts signing of Beijing Declaration, with government representatives from Botswana, Namibia and South Africa.

AI, Gen Z Are Hot Topics at AGS Conclave
This year’s edition is last to take place in September, as event returns to spring in 2027.
