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
Libya NOC, Chevron sign deal to study unconventional resources Study targets Sirte, Murzuq, Ghadames basins with major potential Move...
Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, create 3,000 jobs Move supports expansion as Chinese...
Kinross Tasiast output falls 5% to 130,014 ounces Decline linked to lower-grade ore during mining transition Full-year production expected...
Companies seek low-cost renewable energy solution before 2031 contract expiry Hillside is Eskom’s largest single power user, accounting for about...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
03

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
04

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
05

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
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.