Gem Diamonds Recovers High Quality 80 Carat Diamond

Gem Diamonds Limited (LSE: GEMD) is pleased to announce the recovery of a high-quality 80 carat, D colour Type II diamond from the Letšeng mine in Lesotho. Today’s announcement follows the news on 7 April of the recovery of a 114 carat diamond from Letšeng, the highest dollar per carat kimberlite diamond mine in the world.
As quoted in the press release:

Commenting on this recovery CEO Clifford Elphick said: “Although this 80 carat diamond is not of the very large size for which Letseng is renowned, it is one of the highest quality diamonds recovered at the Letseng mine and is entirely undamaged making this a significant recovery”.

Click here for the full text release