News

Advanced Search

Gem Diamonds Unearths 101ct. and 71ct. Stones

Dec 19, 2018 7:38 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT...
 Gem Diamonds has recovered two large diamonds within a 24-hour period at its Letšeng mine in Lesotho, the company said Wednesday.

The high-quality stones are white, type IIa diamonds weighing 101 carats and 71 carats, it added.

The 101-carat stone is the 14th diamond over 100 carats the miner has found this year, a record for the company. Last year, Gem Diamonds unearthed eight stones of that size.

The largest diamond the miner has found is the 910-carat Lesotho Legend, which it claims is the fifth-largest in history. It discovered the stone in January, and sold it in March for $40 million, or $43,912 per carat.

Image: The 101-carat and 71-carat diamonds. (Gem Diamonds)
Tags: Gem Diamonds, Lesotho Legend, Letšeng, Letšeng mine, Rapaport News
Similar Articles
Lucapa Lulo 150Lucapa Eyes Increased Share in Lulo
Nov 28, 2019
Lucapa Diamond Corporation is in advanced discussions with the Angolan government to secure a majority stake in its Lulo
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2019 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.