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Gem Diamonds recovers 196-carat diamond from Letšeng

from Rapaport

Gem Diamonds has recovered a 196-carat white diamond from the Letšeng mine in Lesotho. The company said it expects the diamond to produce top color and top clarity polished diamonds and should therefore achieve a substantial price per carat for the stone. "Letšeng continues to live up to its reputation as a unique producer of exceptional diamonds and the recovery of this remarkable 196-carat white diamond reinforces its position as one of the great mines in the diamond industry," said Clifford Elphick, chief executive of Gem Diamonds. more

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