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Letšeng Mine Produces 254ct. Rough RAPAPORT. Gem Diamonds has unearthed a 254-carat rough stone in Lesotho, marking a return to high-value discoveries following a lull. The “high-quality,” type II, white diamond came from the company’s lucrative Letšeng mine, it said in a statement Tuesday. The miner had not publicized any noteworthy finds since January, when the deposit produced a 146.9-carat rough. Output of large diamonds was sluggish in the first quarter because of the nature of the areas of Letšeng the company accessed during the quarter, CEO Clifford Elphick said last month. Image: The 254-carat diamond. (Gem Diamonds) ....
Letšeng Mine Produces 254ct. Rough RAPAPORT. Gem Diamonds has unearthed a 254-carat rough stone in Lesotho, marking a return to high-value discoveries following a lull. The “high-quality,” type II, white diamond came from the company’s lucrative Letšeng mine, it said in a statement Tuesday. The miner had not publicized any noteworthy finds since January, when the deposit produced a 146.9-carat rough. Output of large diamonds was sluggish in the first quarter because of the nature of the areas of Letšeng the company accessed during the quarter, CEO Clifford Elphick said last month. Image: The 254-carat diamond. (Gem Diamonds) ....
The company will likely offer the type IIb diamond via a special tender, it said Thursday. The discovery follows Petra’s sale of five blue diamonds to De Beers and Diacore for $40.4 million last year. Those stones, also from Cullinan, weighed a combined 85.6 carats, and ranged from 9.61 to 25.75 carats. Image: The 39.34-carat diamond. (Petra Diamonds) ....
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