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)
Gem Diamonds Unearths 101ct. and 71ct. Stones
The Bottom Line
- Gem Diamonds found two large diamonds weighing 101 and 71 carats within 24 hours at its Letšeng mine in Lesotho.
- The 101-carat diamond is the 14th stone over 100 carats discovered by the company this year, surpassing last year's total of eight.
- Gem Diamonds previously sold the 910-carat Lesotho Legend diamond for $40 million, highlighting its capacity to produce exceptional large stones.
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