Gem Diamonds discovered this excessive-high quality eighty-carat rock in Lesotho

The eighty-carat, D-color Sort-II diamond is likely one of the highest-high quality stones to return out of the corporate’s Letšeng mine. (Picture courtesy of Gem Diamonds)

Gem Diamonds Restricted has recovered a excessive-high quality eighty carat, D color Sort II diamond from the Letšeng mine in Lesotho.

Shares in Gem Diamonds (LON:GEMD) spiked Thursday after the miner introduced it had unearthed one of many highest-high quality stones to return out of its Letšeng mine in Lesotho.

The invention of this eighty-carat, D-color Sort-II diamond comes lower than a month after the agency introduced the restoration of a 114-carat stone from the identical mine. And two years after Gem Diamonds discovered an “distinctive” 357-carat rock, which bought for $ 19.three million.

Since buying Letšeng in 2006, the corporate has discovered 4 of the 20 largest white gem high quality diamonds ever recovered, which makes of the Lesotho mine the world’s highest greenback per carat kimberlite diamond operation.

The above story is predicated on supplies offered by MINING.com


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