Image credit: Gem Diamonds
Gem Diamonds says it recovered a 179 carat high quality white Type I diamond at its Letšeng mine, in Lesotho, last week.
It tweeted that the latest recovery was the company’s 16th diamond of over 100 carats unearthed at Letšeng this year.
Gem Diamonds recovered a high-quality 104 carat stone earlier last month.
It also unearthed 442 carat and 233 carat diamonds in August and September, respectively.
Meanwhile, the company said it recovered a 14.09 carat Type II pink colour diamond at Letšeng early last week.
Gem Diamonds reduced its net debt position by $6.6 million in the third quarter, ending the period in a net cash position of $1.1 million.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
