Gem Diamonds Unearths 223-carat Type II

By John Jeffay / September 02, 2020 / www.idexonline.com / Article Link

(IDEX Online) -  Gem Diamonds has recovered another large Type II white diamond at its Letseng mine, in Lesotho.News of the 223-carat stone comes just days after the London-based miner announced a 442-carat diamond, valued at $18m.Letseng is the highest dollar per carat kimberlite diamond mine in the world and has yielded 60-plus white gem quality diamonds over 100 carats since it was acquired by Gem in 2006.In 2008 the 478-carat Light of Letseng, from the same mine, was bought by Graff for $18.4m.In March 2018 an exceptional quality D color Type IIa diamond, from Letseng sold for $40m at tender in Antwerp. In 2006, the 603-carat Lesotho Promise was recovered from the same mine.

Recent News

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com

TSXV gold producers' output growth for Q4/25 mixed

January 19, 2026 / www.canadianminingreport.com

Rising metals price volatility over past month

January 12, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok