Industry News by Nemesis

Letšeng Mine Yields 134ct. Yellow

April 6, 2019

 

Gem Diamonds has unearthed a 134-carat yellow, the second significant colored diamond it has found this year. 

It discovered the high-quality, type I stone on March 31 at its Letšeng mine in Lesotho, the company said Sunday. The last yellow-diamond of that magnitude the miner reported on was a 151.52-carat stone, which it retrieved in June 2017. 

In March, Gem Diamonds sold a pink stone weighing 13.33 carats to Graff for $8.8 million. 

The company, which is renowned for the discovery of large diamonds from Letšeng, recovered a white, type IIa diamond from the deposit last week. In 2018, it found a record 15 stones weighing more than 100 carats. 

Image: The 134-carat yellow. (Gem Diamonds)

 

Source: Rapaport

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