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Gem Diamonds Recovers Two Diamonds Over 160 Carats from Letšeng

Charlotte McLeod
Feb. 13, 2014 12:32PM PST
Diamond Investing

Gem Diamonds Ltd. (LSE:GEMD) announced that at the end of January, it recovered a 162.06-carat, type II diamond and a 161.74-carat, type I diamond from its Botswana-based Letšeng mine.

Gem Diamonds Ltd. (LSE:GEMD) announced that at the end of January, it recovered a 162.06-carat, type II diamond and a 161.74-carat, type I diamond from its Botswana-based Letšeng mine.

As quoted in the press release:

Both diamonds were recovered in largely undamaged condition, providing further confirmation that the measures which have been implemented to reduce diamond damage at Letšeng are bearing fruit.

Clifford Elphick, CEO of Gem Diamonds, commented:

We are pleased to see the Letšeng mine continue to deliver such large high quality white diamonds as the mine confirms its position as the world’s foremost source of exceptional large diamonds.

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

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