RAPAPORT… Gem Diamonds has recovered a diamond weighing 127 carats
from its Letšeng mine in Lesotho.
The miner found the D-color, type II stone on September 11,
it said Monday. The diamond is the fourth white stone of that magnitude, and
the seventh over 100 carats Gem Diamonds has retrieved this year.
The miner recovered a 114.2-carat yellow diamond from the
deposit in August, as well as a 135- and 134-carat yellow earlier this year.
Three white stones, weighing 123.5, 140 and 161 carats, were also unearthed
between March and July.
Last year the miner, known for its recovery of large stones,
discovered 15 diamonds over 100 carats.
Image: The 127-carat rough. (Gem Diamonds)
Gem Diamonds Unearths 127ct. Rough
The Bottom Line
- Gem Diamonds found a 127-carat D-color, type II diamond at Letšeng on September 11.
- This is the fourth white diamond over 100 carats recovered by the company this year.
- Gem Diamonds has retrieved seven diamonds over 100 carats in 2023, continuing its trend from last year.
Summary by Rapaport AI
More Stories

Podcast: The Importance of Origin
Antwerp’s Paul Chieveley-Williams discusses fancy-color diamonds.

Lab-Grown Organization Strikes Back at CIBJO
Diamond Producers Council threatens action against jewelers who “deceptively use the term synthetic.”

GIA Analyzes Atypical Color Center in Natural Diamond
5.22-carat, pinkish-brown stone displays unusual absorption features.
