RAPAPORT… Gem Diamonds has unearthed its fourth 100-carat-plus diamond this year from its Letšeng mine in Lesotho.
The discovery of the D-color, type IIa stone follows
the recovery of a 910-carat, D-color diamond from Letšeng last week, believed to
be the fifth-largest rough in history. The miner also uncovered two D-color
stones weighing 117 carats and 110 carats earlier this month.
Last year, Gem Diamonds began extracting ore from a
higher-grade part of Letšeng, resulting in an increase in its recovery of large stones.
Letšeng Continues Its Big-Diamond Streak
The Bottom Line
- Gem Diamonds recovered a 910-carat, D-color, type IIa diamond from Letšeng, ranking among the largest rough diamonds ever found.
- This year, the company also unearthed two additional D-color diamonds weighing 117 and 110 carats respectively.
- The increase in large diamond recoveries follows Gem Diamonds’ shift to mining higher-grade ore at Letšeng starting last year.
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