Mining

Lesotho: Gem Diamonds recovers 9th stone of more than 100 carats at Letšeng

Tuesday, 22 May 2018 17:52

LSE-listed Gem Diamonds announced today May 22 ,it has recovered a new 115 carat diamond at its Letšeng in Lesotho. This top white type IIa stone is the ninth of more than 100 carats recovered in 2018, exceeding the total number recorded in 2017.

Among the 100 carat diamonds discovered this year in Letšeng, the largest one remains the 910 carat stone recovered in January. This stone which is the largest ever recovery at the mine is also the 5th largest gem-quality diamond ever discovered.

Letšeng is the world’s most expensive dollar per carat mine.

On the same topic
First LNG cargo exported from Nguya FLNG unit Project capacity rises to 3 million tons per year Gas sourced from Marine XII block operated...
EcoGraf signed a cooperation agreement with the European Investment Bank (EIB) for technical assistance on its Epanko graphite project in...
BGFIBank is expanding its institutional presence in African mining finance, with a focus on the DRC and Ivory Coast. African banks, including AFG Bank,...
Flosell Limited plans Ghana’s first commercial-scale marine aquaculture project in partnership with Norwegian firms. The project will begin site...
Most Read
01

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
02

Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...

Gulf of Guinea regains appeal as a key exploration hub for oil majors
03

MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...

MTN’s Talks to Buyout IHS: A Strategic Reversal That Could Reshape African Telecoms
04

Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...

Rwanda Mobilises Global, Local Finance for $2Bln Innovation City Targeting Africa’s Digital Economy
05

The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...

Togolese Fintech Semoa Wins Full-Service BCEAO License
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.