Africa-focused miner Gem Diamonds (LON: GEMD) has unearthed a new major Type II white diamond at its prolific Letšeng mine in Lesotho, barely six days after the previous find. The 118.74-carat diamond is the fifth greater than 100-carat precious stone recovered this year at the operation, the company said. Type IIa diamonds are the most … Read more
Firestone Diamonds is in the process of selling the largest diamond ever recovered from its Liqhobong mine, in Lesotho. The 215 carat stone is being put to a competitive bidding tender process, with viewings in Antwerp and Dubai. “This sale represents another milestone in our ongoing efforts to deliver value to stakeholders,” said Firestone in … Read more
Gem Diamonds saw revenue and average per carat prices down by around a quarter during 2023
Lucapa reported a slight increase in total rough sales for FY2023 in what it described as a solid performance.
Gem Diamonds has unearthed a 101.96-carat rough from its Letšeng mine in Lesotho, its second stone over 100 carats so far this year.
The Baselworld fair has received much criticism in recent years, but one of the final shows before its public implosion appears to have facilitated a diamond deal that counts among the biggest in history. Antwerp-based manufacturers Taché and Samir Gems came to the March 2018 exhibition with the exquisite Lesotho Legend, a 910-carat, type IIa diamond … Read more
Africa focused Gem Diamonds has found a 129 carat rough stone at its Letšeng mine in Lesotho, the miner’s first one over 100 carats mined this year. The high quality white diamond was recovered at the site over the weekend, Gem Diamonds said. The company, known for the recovery of large, high quality stones in … Read more
Lucapa Diamond Company yesterday announced the recovery of a 204 carat diamond from the Mothae mine in Lesotho. According to the company’s statement, the 204 carat white stone is the eighth +100 carat diamond and third +200 carat to be recovered from the Mothae mine since commercial mining commenced in January 2019, underlining its unique … Read more
A 21.86 carat natural pink diamond named “The Pink Palesa” will be sold by the Bonas Group in Antwerp in July. The pink gem was discovered on May 18 at the Kao mine in Lesotho one of the few sources of pink diamonds in the world following the closure of the iconic Argyle mine last year. Argyle … Read more
The auction came as the Mountain Kingdom explores how to ensure diamond mines are at least 51 percent-owned by locals, which will include the entry of small-scale miners into the sector. Lesotho’s diamonds are usually auctioned in Antwerp, Belgium. Buyers from as far as the Netherlands and Israel were joined by those from neighbouring South … Read more