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Gem Diamonds Recovers 198-carat Diamond at Letseng

Charlotte McLeod
Aug. 05, 2014 04:57PM PST
Diamond Investing

Gem Diamonds Ltd. (LSE:GEMD) announced that at the end of July, it recovered a 198-carat, white, type IIa diamond from its Lesotho-based Letseng mine.

Gem Diamonds Ltd. (LSE:GEMD) announced that at the end of July, it recovered a 198-carat, white, type IIa diamond from its Lesotho-based Letseng mine.

As quoted in the press release:

This exceptional white, high quality diamond displays no florescence and is expected to achieve an exceptional price when sold this year.

Clifford Elphick, CEO of Gem Diamonds, commented:

The recovery of this large, high quality white diamond continues to support the Letšeng mine’s reputation as the most important source of exceptional quality, large diamonds.

Click here to read the full Gem Diamonds Ltd. (LSE:GEMD) press release.

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