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LETSENG YIELDS A HUGE, 161-CARAT DIAMOND

The “high-quality” white is the fifth white diamond over 100 carats of the year
gem quality diamond letseng
Credit: Gem Diamonds

Gem Diamonds’ Letšeng mine in Lesotho has done it again: According to the miner, the mine yielded a diamond weighing 161 carats on October 28.

 

gem diamonds letseng mine
Credit: Gem Diamonds

 

The “high-quality” white, type IIa stone is the fifth white diamond over 100 carats Gem Diamonds has recovered from the mine this year. An additional three diamonds of 100+ carats have also been retrieved, in other colors.

 

Gem diamonds diamond
Credit: Gem Diamonds

 

In its most recent financial report, Gem Diamonds announced that in the first half year of 2019 (ended June 30, 2019), it raked in revenue of $91.3 million – down from $167.7 million in H1 2018. The miner achieved $1,697 average price per carat in H1 2019.



Tags: Diamonds News, Diamond Industry News, Mining News, Gem Diamonds News

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