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Gem Diamonds Unearths 135ct. Yellow

Recovery is third significant colored diamond company has found this year.
Jun 25, 2019 4:30 AM   By Rapaport News
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RAPAPORT...
Gem Diamonds has recovered a 135-carat yellow at its Letšeng mine in Lesotho, the third significant colored-diamond discovery at the deposit this year.

The company retrieved the high-quality, type I stone on June 21, three months after the mine yielded a similar quality yellow diamond weighing 134 carats. Those discoveries follow a two-year gap in the recovery of yellow diamonds weighing more than 100 carats from Letšeng. In June 2017, the miner found a 151.52-carat yellow.

Gem Diamonds also unearthed a 13.33-carat pink diamond in February, which it sold to Graff the following month for $8.8 million, or $656,933 per carat. In 2018, the company mined a record 15 stones weighing more than 100 carats.

Image: The 135-carat yellow diamond. (Gem Diamonds)
Tags: 135ct. Yellow, Gem Diamonds, Graff, Letšeng mine, Rapaport News
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