Gem Diamonds recovers 80 carat rough diamond

Another D colour Type II diamond weighing 80 carats has been recovered.

Shares in Gem Diamonds spiked on Thursday after the miner announced it had recovered one of the highest quality stones to come out of its Letseng mine in Lesotho.

The discovery of this 80 carat diamond comes less than a month after the miner announced the recovery of a 114 carat rough diamond. And two years after Gem Diamonds found a 357 carat rough diamond, which sold for $19.3 million.

Gem Diamonds has recovered four of the 20 largest white gem quality diamonds ever recovered, which makes of the Lesotho mine the world’s highest dollar per carat kimberlite diamond operation.

Leave a Reply

Your email address will not be published. Required fields are marked *