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Milana Kreation

Gem Diamonds recovers 183 carat diamond

Gem Diamonds Limited announced the recovery of an exceptional 183 carat white Type IIa diamond on 3 February 2020. On the same day, the Company also recovered two different high quality diamonds, one of 89 carats and the other of 70 carats, from the Letšeng mine in Lesotho, the highest dollar per carat kimberlite diamond mine in the world.

The Group owns the Letšeng Diamond mine in Lesotho and the Ghaghoo mine in Botswana, with Head Offices in the United Kingdom and Sales Marketing and Manufacturing capabilities in Belgium. Letšeng is renowned for its regular production of large, top colour, exceptional white diamonds, making it the highest average dollar per carat kimberlite diamond mine in the world.

Since Gem Diamonds acquired Letšeng in 2006, it has produced over 60 +100 carat, large, top colour, exceptional white diamonds, making it the highest average dollar per carat kimberlite diamond mine in the world. In addition, Letšeng has produced high quality pink and blue diamonds, with a rare blue diamond achieving a sales price of US$603 047 per carat in 2013 and an exceptional pink diamond achieving $187 700 per carat in 2016.