RAPAPORT… Gem Diamonds has recovered an additional two large, high-quality diamonds from its Letšeng mine in Lesotho.
An “exceptional” quality, 166-carat, type II diamond was unearthed last week, the same day the company found a yellow diamond weighing 77 carats, the miner said Monday. The 166-carat stone is the 12th over 100 carats Gem Diamonds has recovered this year.
Earlier this month the miner unearthed a 162-carat, white diamond, and a 143-carat, type II stone at Letšeng. It also found a 442-carat, type II diamond on August 23, which it claimed was one of the largest gem-quality rough diamonds found this year.
Image: The 166-carat white and 77-carat yellow diamonds. (Gem Diamonds)
Letšeng Yields Two More Large Stones
The Bottom Line
- Gem Diamonds found a 166-carat type II diamond and a 77-carat yellow diamond at Letšeng last week.
- The 166-carat diamond is the 12th stone over 100 carats recovered by Gem Diamonds this year.
- Earlier recoveries at Letšeng this year include a 162-carat white diamond, a 143-carat type II stone, and a 442-carat type II diamond.
More Stories
Deloitte: Holiday Spending to Reach $1.71T
US revenue is likely to increase up to 4.8% year on year from November 2026 through January 2027.
Emerald Prices Improve at Gemfields Auction
Miner sells 100% of its 3 million carats of commercial-quality goods for $29.6 million.
Sarine Opens New Lab in Mumbai
Company also has facilities in New York and Surat.
