Industry News by Nemesis

Letšeng Mine Yields 114ct. Diamond

April 9, 2017

Gem Diamonds has found a 114-carat rough diamond at its Letšeng mine in Lesotho, the miner reported Friday.

The discovery of the D-color, type-II stone follows a drop in recovery of large diamonds at the mine, which yielded only five stones above 100 carats last year compared with 11 in 2015. 

The deposit is one of the highest-value in the world by average price per carat, producing four of the 20 largest gem-quality white diamonds in history since Gem Diamonds acquired it in 2006. 

 

Source: Rapaport

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