Grand Opening Ceremony Of GJ Hub India Gems & Jewellery Show Bangalore - 2017

Gem diamonds Recovers 126 ct diamond

2017-07-07


Gem Diamonds Limited announced the recovery of a high quality 126 carat, D colour Type IIa diamond from the Letšeng mine in Lesotho. The announcement follows the news of the recovery of two high quality diamonds in June 2017, a 104.73 carat diamond and a 151.52 carat yellow diamond from Letšeng, the highest dollar per carat kimberlite diamond mine in the world.

Letšeng is the highest average dollar per carat kimberlite diamond mine in the world. At an average elevation of 3 100 metres (10 000 feet) above sea level, it is one of the highest diamond mines in the world. Since Gem Diamonds acquired the mine in 2006, Letšeng has produced four of the 20 largest white gem quality diamonds ever recovered.

Letšeng continues to deliver exceptional returns for its shareholders, with annual production rising since the takeover from 55 000 carats in 2006 to averaging over 100 000 carats annually.

A high-quality 104.73 carat, D-colour Type IIa diamond and a 151.52 carat Type I yellow diamond