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Miner has nearly matched last year's high quality haul in just three months
Thursday 15 Mar 2018 Author: Daniel Coatsworth

Gem Diamonds (GEMD) has already found seven high quality diamonds greater than 100 carats this year which is very good considering it only found seven in total during 2017.

This provides a welcome reminder about the capabilities of its Letseng mine in Lesotho, although it is pure luck as to when more high quality diamonds will be found.

The recent discoveries have helped to revive Gem’s share price, up 31.5% year-to-date, although some analysts still think the stock
is too cheap. (DC)

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