Shares At Gem Diamond Leaps Up Over 10% With Its Recent Find Of ‘910 Carat’ Of ‘Colourless Diamond’

Gem Diamond, the diamond miner, finds a rare diamond that represents only one percent of global diamonds ever found.

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Shares At Gem Diamond Leaps Up Over 10% With Its Recent Find Of ‘910 Carat’ Of ‘Colourless Diamond’ © Daily Management Review

The Gem Diamonds’ shares went up over ten percent on Monday, 15 January 2018, as the company revealed that it has “uncovered a 910 carat, colourless diamond”, being the “fifth largest gem quality” of diamonds that is ever found.

Moreover, the diamond miner informed Reuters that the diamonds uncovered by Gem Diamond is a part of group that represents “less than 1 percent of all mined diamonds” all around the globe, while its value gets hiked up given its colourless property.

References: reuters.com

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