Gem Diamonds 910Ct Recovery 'Fifth Largest Gem Quality Stone Ever Found'

By Albert Robinson / January 15, 2018 / www.idexonline.com / Article Link

(IDEX Online) - Gem Diamonds Limited has recovered an exceptional quality 910 carat, D color Type IIa diamond from the Let??eng mine in Lesotho which is believed to be the fifth largest gem quality diamond ever found.

 

The mining company said in a statement that it is the largest diamond recovered from the Let??eng mine in the landlocked country.

 

The Let??eng mine has a reputation for producing top color, exceptional white diamonds, and is the highest dollar per carat kimberlite diamond mine in the world, according to Gem Diamonds.

 

Clifford Elphick, Gem Diamonds' Chief Executive Officer, commented: "Since Gem Diamonds acquired Let??eng in 2006, the mine has produced some of the world's most remarkable diamonds, including the 603 carat Lesotho Promise. However, this exceptional top quality diamond is the largest to be mined to date and highlights the unsurpassed quality of the Let??eng mine."

 

Gem Diamonds did not give a preliminary price for the rough stone since it will need to be carefully examined and decisions made on the best-quality stones that can be cut from it.

 

However, Lucara Diamond Corp. sold a 1,109-carat diamond for $53 million last year, as well as an 813-carat stone for a record $63 million.

 

The announcement follows one last week by Gem Diamonds last week that it had found two diamonds weighing 117 carats and 110 carats, respectively.

 

Gem Diamonds owns 70% of the Let??eng mine in Lesotho and the government of Lesotho owns the rest.

 

Among the other remarkable diamonds recovered from Let??eng are:

 

2006 - Lesotho Promise (603 carat)

2007 - Lesotho Legacy (493 carat)

2008 - Leseli La Let??eng (478 carat)

2011 - Let??eng Star (550 carat)

2014 - Yellow (299 carat)

2015 - Let??eng Destiny (314 carat)

2015 - Let??eng Dynasty (357 carat)

Recent News

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com

US a major market for Canadian mineral exports

November 11, 2024 / www.canadianminingreport.com

Gold stocks down along with broad equities decline

November 04, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok