Gem Diamonds Starts 2018 with Recovery of Two +100 Carat Stones

Mining and Exploration
08/01/2018 10:15

Gem Diamonds has announced the recovery of high-quality 117 and 110-carat, D colour Type IIa diamonds from the Letšeng mine in Lesotho, famed for its large, Type IIa stones that often achieve the highest dollar per carat rough prices in the world. The London-based company recovered seven such stones in 2017 after unearthing only five in 2016. 

At their summer tender in 2017, Gem Diamonds achieved an average price of $2,397 per carat, making it the highest achieved dollar value per carat for a tender since September 2015.