Gem Diamonds' Latest Recovery 98.42-Ct, D-color, Type II Diamond
The Letseng mine in Lesotho has provided Gem Diamonds with another exceptional recovery: a 98.42-carat high quality D-color Type II diamond. The mining firm said it will be sold in June.
The announcement was part of a trading update for the first quarter of 2017 when the company sold 39,950 carats of rough stones for an average price of $1,636 per carat for the first three tenders of 2017. The figure is up 13 percent from $1,444 per carat from the fourth quarter of last year.