Lucky Friday: Two Huge Diamonds Recovered at Letseng

By John Jeffay / October 19, 2021 / www.idexonline.com / Article Link

(IDEX Online) - Gem Diamonds recovered two huge diamonds - 245-carat and 102-carat - on the same day from its Letseng mine, in Lesotho.The London-based miner said both stones were high-quality Type II, and were recovered on Friday (15 October).Earlier this year Gem, which owns 70 per cent of the mine, found a couple of even bigger stones -  370-carat and 254-carat - within six days. They were also high-quality Type II.Before these finds the last major discovery was 126.9-carat type II diamond back in January.Letseng is the highest dollar per carat kimberlite diamond mine in the world, achieving an average of $1,908 per carat in 2020. Its highest per carat value for a white rough diamond during that year was $38,827. Pic shows the 245-ct diamond

Recent News

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com

West Africa-focussed Robex and PDI to merge

October 13, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com

Most major producers rise but TSXV gold mixed

October 06, 2025 / www.canadianminingreport.com

Platinum, palladium, copper gain on green China, supply constraints

September 29, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok