LSE-listed Gem Diamonds has highlighted the recovery of a number of top-quality white, as well as one pink, diamond from its Letšeng mine, in Lesotho, between February 28 and March 3.
Five white gem diamonds, weighing between 33 ct and 114 ct, were re…
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The per carat price was $657,000 – a record for a diamond found at Gem’s Letšeng mine in Lesotho.
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Company cited uncertainty about the global diamond industry as one of the main reasons for choosing not to pay a divvy.
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Company unearthed three of the 15 diamonds over 100 carats it found in 2018 in Q4, but carat recovery dropped by 17% to 29,523 ct in the period.
The post Gem Diamonds finds from iconic Lesotho mine drop, shares slump appeared first on MINING.com.
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Miner is ending 2018 on a high note after finding another two large diamonds from its Letšeng mine in Lesotho, the world’s highest dollar per carat diamond operation.
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