Gem Diamonds has recovered an “execeptional” 196 carat rough white diamond at its 70-percent owned Letšeng mine, in Lesotho.
It said in a statement that the rough diamond was expected to achieve a substantial price per carat as preliminary examinations indicated that it would produce “top” colour and clarity polished diamonds.
“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 Gem Diamonds chief executive Clifford Elphick.
“In order to increase the returns from this world class asset, management is focused on a number of workstreams which aim to substantially expand production and increase value at Letšeng.”
Gem has found three of the world's twenty largest diamonds since it acquired the mine in mid 2006.
Mathew Nyaungwa, Rough&Polished from Namibia
Rough&Polished

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