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GEM DIAMONDS RECOVERS NEW DIAMONDS FROM LET’SENG DIAMONDS MINE.
Gem Diamonds recovers new diamonds from Let’seng Diamonds Mine.
24 August 2020 | 17:49

Let’seng Diamonds Mine unearthed a 442-carat diamond, which though it is difficult to establish its price before cutters can evaluate it, could sell as much as US$18million in the global market.

Let’seng Mine is famous for the size and quality of the diamonds it produces, and has the highest average selling price in the world.

In the past two years Gem Diamonds found 910-carat stone that sold for US$40million in the global market.

The recovery of the last diamond comes as the global diamond industry has been brought to its knees by the COVID-19 pandemic.

Gem Diamond’s Chief Executive Officer Cliffort Elphic said the recovery of one of the world’s largest gem quality diamonds; to be recovered this year is further confirmation of the caliber of Let’seng Diamonds Mine, and of its ability to consistently produce large high quality diamonds.



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