Tuesday, September 7, 2010

Letseng 196 ct Diamond Found

JOHANNESBURG (miningweekly.com) – Africa-focused diamond-miner Gem Diamonds on Tuesday announced that it had recovered a 196ct white diamond from its Letšeng mine in Lesotho.

Since Gem Diamonds' acquisition of the Letšeng mine in mid-2006, it has produced three of the world's twenty-largest recorded diamonds, including the Lesotho Promise, Letšeng Legacy and Light of Letšeng.

The 603ct Lesotho Promise was unearthed in 2006 and sold for $12.4-million, while the 493ct Letšeng Legacy, which it found in 2007, fetched a price of $10.4-million and the 478ct Light of Letšeng recovered in 2008, sold for $18.4-million.

1 comment:

  1. Wow! It sounds really impressive, Letšeng mine in Lesotho seems to be the luckiest mine in the industry, if you could say that.