RapNet


Rapaport News

 

Mining

 
Rapaport Broadcast
Martin Rapaport Addresses Israel Diamond Week
February 12 2020

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

Gem Diamonds Signs Off 2018 with 125ct. Find

Stone is the 15th over 100 carats miner recovered during the year.
Jan 1, 2019 9:44 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT...
Gem Diamonds has recovered a 125-carat diamond at its Letšeng mine in Lesotho, bringing the company’s annual haul of 100-carat-plus stones to 15. 

It found the high-quality, white, type IIa diamond on December 20, shortly after unearthing two other stones weighing 101 carats and 71 carats, the miner said last month.

The total number of diamond discoveries above 100 carats beats the company’s record of 11 in 2015.

Earlier this year, Gem Diamonds recovered the 910-carat Lesotho Legend, selling it for $40 million in March. It also unearthed a 169-carat stone that month, and unveiled a 357-carat rough in October.

Image: The 125-carat diamond. (Gem Diamonds)
Tags: Gem Diamonds, Lesotho, Lesotho Legend, Letšeng mine, Rapaport News
Similar Articles
De Beers rough and polishedDe Beers Optimistic After 2019 Earnings Slump
Feb 20, 2020
De Beers gave a positive outlook for 2020 due to an improvement in the...
Rio Tinto’s Canada Deal Hits Trouble
Lucapa Closing In On Diamond Source
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us