Linda Coutu is rejoining the precious metals provider as its director of sales.
Gem Diamonds Finds 6th 100-Carat-Plus Stone This Year
Discovered in Lesotho, the diamond is a Type IIa stone that weighs 115 carats.

London--Mining company Gem Diamonds announced this week it has unearthed another big, high-quality rough diamond from the Letšeng Mine in Lesotho.
The stone is 115 carats and is a D color, Type IIa diamond, meaning it has no measurable nitrogen or boron impurities. Type IIa diamonds are the most chemically pure, and it’s estimated that only about 1 percent of the world’s diamonds are Type IIa.
The announcement, made Tuesday, follows Gem Diamonds’s recovery of five other diamonds weighing more than 100 carats this year at Letšeng, which is known for producing big, valuable diamonds.
The largest of the stones recovered so far this year was a 126-carat D color, Type IIa diamond discovered in July.
Other finds this year include a 104.73-carat diamond in June and a 114-carat diamond in April, both of which also are D color and Type IIa, and a 151.52-carat Type I yellow in June.
Gem Diamonds owns 70 percent of the Letšeng Mine, with the remaining 30 percent held by the Government of the Kingdom of Lesotho.
It also owns 100 percent of the Ghaghoo Mine in Botswana, though production at that mine is currently halted until market conditions improve.
The Latest

The Signet Jewelers-owned store, which turned 100 last year, calls its new concept stores “The Edit.”

The supplier has a curated list of must-have tools for jewelers doing in-house custom work this year.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Footage of a fight breaking out in the NYC Diamond District was viewed millions of times on Instagram and Facebook.


Sparkle with festive diamond jewelry as we celebrate the beginning of 2026.

The master jeweler, Olympian, former senator, and Korean War veteran founded the brand Nighthorse Jewelry.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

In its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.

Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.

Mohr had just retired in June after more than two decades as Couture’s retailer liaison.

This year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.

Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.

As part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.

It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.

The new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.

Its residency at Yamron Jewelers will run through May 2026.

From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.

The retailer is expanding into areas with large Indian and South Asian populations.

The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.

The new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.

The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.

In February 2026, the auction house will move its headquarters to the former Steinway Hall, a neoclassical landmark on Billionaires’ Row.

The new show will take place Jan. 23-25, 2026.

The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.

The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.




















