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Gem Diamonds Unearths 161ct. Rough

Stone is miner’s first this year over 100 carats.
Mar 24, 2019 6:04 AM   By Rapaport News
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RAPAPORT...
 Gem Diamonds has recovered a 161-carat rough stone, the first over 100 carats it has reported this year.

It found the high-quality, white, type IIa diamond on March 21 at its Letšeng mine in Lesotho, the company said Friday.

Last year, Gem Diamonds found 15 stones weighing more than 100 carats, a record for the company. That haul included the 910-carat Lesotho Legend, which sold for $40 million.

In February, the miner also found a 13.33-carat pink diamond, which it sold to Graff for $8.8 million, or $656,933 per carat.

Image: The 161-carat diamond. (Gem Diamonds)
Tags: Gem Diamonds, Graff, Lesotho, Lesotho Legend, Letšeng mine, Rapaport News
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