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Letšeng Mine Yields 115ct. Diamond
Sep 19, 2017 3:36 AM
By Rapaport News
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RAPAPORT... Gem Diamonds has unearthed a 115-carat rough diamond, as
the company’s shift to a more lucrative part of its Letšeng mine continues to
yield an improvement in recoveries of large stones.
The D-color, type-IIa diamond is the sixth stone above
100 carats that Gem Diamonds has found this year at its high-value mine in
Lesotho. In 2016, the miner only recovered five diamonds of this size,
resulting in a 22% drop in revenue.
In the second quarter of this year, the company switched
focus to the higher-grade K6 portion of Letšeng’s main pipe, enabling a higher
recovery rate of large diamonds.
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Tags:
Gem Diamonds, large diamonds, Letseng, Letšeng, Rapaport News, Rough Diamonds
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