RAPAPORT… Gem Diamonds has unearthed a 134-carat yellow, the second significant colored diamond it has found this year.
It discovered the high-quality, type I stone on March 31 at its Letšeng
mine in Lesotho, the company said Sunday. The last yellow-diamond of that magnitude the miner reported on was a 151.52-carat stone, which it retrieved in June 2017.
In March, Gem Diamonds sold a pink stone weighing 13.33 carats to Graff for $8.8 million.
The company, which is renowned for the discovery of large
diamonds from Letšeng, recovered a white, type IIa
diamond from the deposit last week. In 2018,
it found a record 15 stones weighing more than 100 carats.
Image: The 134-carat yellow. (Gem Diamonds)
Letšeng Mine Yields 134ct. Yellow
The Bottom Line
- Gem Diamonds discovered a 134-carat high-quality yellow diamond at the Letšeng mine on March 31.
- This is the second significant colored diamond found by the company this year, following a 13.33-carat pink diamond sold to Graff for $8.8 million.
- The Letšeng mine continues to yield large stones, including a recent white type IIa diamond and multiple 100-carat-plus stones found in 2018.
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