RAPAPORT… Gem Diamonds has recovered two large, high-quality diamonds from its Letšeng mine in Lesotho, the company said this week.
A 162-carat white diamond was unearthed on September 7, while a 143-carat, type II stone was discovered on September 5, constituting the 10th and 11th stones over 100 carats found at Letšeng this year. The company has now recovered four of that magnitude in less than a month, following the retrieval of a 233-carat, type II rough last week, and a 442-carat, type II diamond on August 23.
The miner also found a yellow diamond weighing 163 carats in June, a 114-carat, D-color in March, and a 183-carat, type IIa rough in February.
The recovery of these large diamonds “highlights the strong operational performance at Letšeng during these difficult times,” the company noted.
Image: The 143-carat rough diamond. (Gem Diamonds)
Gem Diamonds Continues Large-Stone Streak
The Bottom Line
- Gem Diamonds recovered two large diamonds in early September: a 162-carat white and a 143-carat type II stone.
- These discoveries mark the 10th and 11th diamonds over 100 carats found at Letšeng in 2023.
- The company has extracted four stones over 100 carats in less than a month, including a 233-carat and a 442-carat type II diamond.
Summary by Rapaport AI
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