RapNet


Rapaport News

 

Mining

 
Rapaport 宣傳
Martin Rapaport’s Webinar on Estate Jewelry
October 30 2019

高級搜尋
最新文章
視訊
功能
新聞
挖掘
原石市場
拋光市場
製造
零售

Letšeng Pink Sells for Almost $9M

Per-carat price of $656,933 breaks company record.
Mar 14, 2019 9:33 AM   By Rapaport News
Print 列印 Facebook Facebook Twitter Twitter 共用 Share


RAPAPORT... Gem Diamonds has announced the sale of a 13.33-carat pink diamond, discovered in February at its mine in Lesotho, for $8.8 million.

The tender sale, which took place in Antwerp, represents a record per-carat price of $656,933 for the company, it said Thursday.

The result builds on a successful 2018 for Gem Diamonds, which more than doubled its profits to $46.6 million, it reported. The miner said this was due to a record number of large stones recovered at the Letšeng mine, with its haul of diamonds weighing more than 20 carats rising 21% to 257.

Last year, it sold 44 diamonds for more than $1 million, achieving a total of $137.2 million. This includes the Lesotho Legend, which garnered $40 million last March.

Despite its positive financial results, Gem Diamonds failed to declare a dividend for 2018, saying its priority was strengthening its financial position given the uncertainty of the current diamond market.

Image: The pink diamond. (Gem Diamonds)
Tags: Antwerp, Gem Diamonds, Letšeng, Letšeng mine, mining, pink, Pink Diamond, Rapaport News, rough, Rough Diamonds, tender
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



電洽: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    私隱政策  
  
twitter twitter
關於 Rapaport
廣告業務