Gem Diamonds Recovers Two High Quality Diamonds at Letšeng Mine in Lesotho

Image: Mining Review Africa

Global diamond producer, Gem Diamonds, has recovered two high-quality Type II white diamonds – 145-carat and 102-carat – from its Letšeng diamond mine in Lesotho.

Found on the same day, the diamonds feature fewer impurities when measured at an atomic scale and have a high dollar-per-carat value.

The London-based company owns 70% of the Letšeng mine, which is the highest dollar-per-carat kimberlite diamond mine in the world, boasting an average of $1,908 per carat last year. During that year, Gem Diamond’s highest per-carat value for a diamond was $38,827.

Earlier this year, the company discovered two high-quality Type II stones – 370-carat and 245-carat – within six days of each other. The 245-carat stone was sold for $40,139 per carat.

Gem Diamonds acquired the Letšeng mine in 2006, a mine responsible for having found five out of the 20 largest white gem diamonds ever recovered. The mine also boasts being one of the highest diamond mines in the world, with an average elevation of 3,100m above sea level.

Located in the Maluti Mountains of Lesotho, the Letšeng diamond mine is renowned for the recovery of the 910-carat “Lesotho Legend” diamond, the 603-carat “Lesotho Promise”, and the 550-carat “Letšeng Star.”

Energy Capital & Power – Africa’s leading energy event organizer – will host the Africa Energy & Mining 2022 Conference & Exhibition, which will be held in Cape Town on March 29-31, with an in-person and online Africa Energy & Mining seminar to be held in Cape Town in November 2021 to set the agenda. To learn more about the Africa Energy & Mining series and the post-COVID-19 energy and mining landscape in Africa, please visit www.energycapitalpower.com. For sponsorship or exhibition opportunities, please contact sales@msgbcoilgasandpower.com.

Share This Article

Share on twitter
Share on facebook
Share on linkedin
Share on reddit
Share on whatsapp
Share on email

Other Reads

Matthew Goosen

Matthew Goosen

Matthew Goosen is a Video Editor and Content Writer at Energy Capital & Power. He holds an Honours Degree in Film and Media Studies at the University of Cape Town and is currently undergoing his Masters Degree. Born in Pretoria and raised internationally, he has been living in Cape Town since 2013.

Subscribe below to stay in touch about the latest news and event updates

X
X