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Gem Diamonds Sells 357ct Letšeng Diamond
Sep 15, 2015 2:29 PM
By Rapaport News
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RAPAPORT... Gem Diamonds last week sold an exceptional 357-carat white diamond for $19.3 million, the company announced. The diamond was recovered at the Letšeng mine in Lesotho and was sold in Antwerp
“The Letšeng mine has produced two remarkable over 300 carat diamonds during the year to date,” said chief executive officer Clifford Elphick. He said the sale in Antwerp achieved a top price “despite current market conditions, providing further evidence of the price resilience of Letšeng's large top-quality diamonds.” Since Gem Diamonds' acquisition of Letšeng in 2006, the mine has produced four of the 20 largest white gem-quality diamonds ever recorded, the company said.
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Tags:
exceptional diamond, Lesotho, Rapaport News
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