Gem Diamonds' Let??eng Mine Yields 114ct. Rough

By Rapaport News / July 19, 2022 / www.diamonds.net / Article Link

RAPAPORT... Gem Diamonds has recovered a 114-carat rough from its Let??eng mine in Lesotho, its fourth stone above 100 carats in the past two months.The company unearthed the high-quality, white, type I diamond at the deposit on July 16, Gem Diamonds said Tuesday. The discovery closely followed that of an "exceptional-quality," 245-carat rough on June 11, a 125-carat diamond on May 31, and a high-quality, 129-carat stone on May 23.The miner has seen a slowdown in large-stone recoveries over the past year. In 2021, it unearthed six stones over 100 carats, compared to 16 in 2020.Image: The 114-carat rough. (Gem Diamonds)

Recent News

Smaller juniors still financed even in more cautious market

January 13, 2025 / www.canadianminingreport.com

Gold stocks shrug off equity market decline on metal gain

January 13, 2025 / www.canadianminingreport.com

Geopolitical risk outlook unclear after US election

January 06, 2025 / www.canadianminingreport.com

Low valuations offer a cushion to mining sector

January 06, 2025 / www.canadianminingreport.com

Polarized gold and iron ore moves, moderate aluminum and copper gains

December 30, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok