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Gem Diamonds Recovers 357ct. Rough
Oct 15, 2018 10:25 AM
By Rapaport News
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RAPAPORT... Gem Diamonds has unearthed a 357-carat diamond at its Letšeng
mine in Lesotho, it said in a Twitter post Monday.
The light-brown stone, which the miner said is of “high
quality,” is the 13th rough diamond over 100 carats the company has found this
year. It’s the second-largest it has recovered in 2018, after the 910-carat
Lesotho Legend it found in January.
That stone — which the company claims to be the fifth-largest gem-quality rough diamond in history — sold for $40 million in March.
Gem Diamonds owns 70% of the Letšeng asset, with the
government of Lesotho holding the remaining 30%.
Image: The 357-carat light-brown diamond. (Gem Diamonds)
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Tags:
Gem Diamonds, Lesotho, Lesotho Legend, Letšeng, Letšeng mine, Rapaport News
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