Gem Diamonds saw revenue and average per carat prices down by around a quarter during 2023 amid ongoing “downward pressure” in the rough market. The UK-based miner operates Letseng, in Lesotho, the highest dollar per carat kimberlite diamond mine in the world. It says total sales for the year were $139.4m, down 26 per cent, […]
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]]>Gem Diamonds recovered an exceptional quality 166-carat Type II white diamond at the Letšeng mine in Lesotho on 18th September 2020. On the same day, the miner recovered another high quality 77-carat yellow diamond. The 166-carat diamond is the 12th +100 carat diamond recovered at Letšeng in 2020. On 1st September, 2020, Gem Diamonds recovered […]
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]]>Gem Diamonds Limited yesterday reported the recovery of an exceptional 183 carat white Type IIa diamond on February 3, 2020. Two more high quality diamonds were recovered on the same day, the Company said. Of these, one was of 89 carats; and the other of 70 carats. All the three big diamonds were recovered from […]
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