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Gem Diamonds recovers high quality 80 carat diamond

04 May 2017 07:46

Gem Diamonds has recovered a high-quality 80 carat, D colour Type II diamond from the Letseng mine in Lesotho.

The group said this followed last month's recovery of a 114 carat diamond from Letseng, the highest dollar per carat kimberlite diamond mine in the world. Chief executive Clifford Elphick said: "Although this 80 carat diamond is not of the very large size for which Letseng is renowned, it is one of the highest quality diamonds recovered at the Letseng mine and is entirely undamaged making this a significant recovery."

Story provided by StockMarketWire.com

Related Company: GEMD

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