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.
Live News
-
Nigeria’s Terra Industries Raises $11.75 Million for Drone and Defence Systems
07:57
-
Guinea Launches Landaya Platform for Private Sector Administrative Services
07:45
-
Burkina Faso Strengthens State Control of FASO RAILS, Bets on Local Rail Industry
07:41
-
Production at Benin’s Seme Offshore Oil Field Expected by End-January After Delays
06:45
-
African Architecture School Reviews Reforms at Lomé Meeting as It Marks 50 Years
06:08
-
Togo Inflation Falls to 0.4% in 2025, Lowest in Three Years
18:13
-
Bipaga LPG output cuts Cameroon’s fuel import bill by over $25mln
17:49
-
Algeria Moves to Electronic Land Titles With AMLAK System
17:33
-
Cameroon applies CEEAC common external tariff from January 1, 2026
16:58
-
Sonara board sets CFA291.9bn budget for refinery rehabilitation plan
16:52
Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...
Development Partners International sold its 20.17% stake in Atlantic Business International for mo...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
Nigerian defence tech startup Terra Industries raises $11.75 million Funding led by 8VC to expand production and engineering teams Company...
Guinea launches Landaya digital platform for business administrative documents System streamlines certificates, authorizations and payment...
Burkina Faso raises state stake in FASO RAILS to 95% Private investor SOAF’s share cut to 5% of planned capital Move supports national rail...
Akrake Petroleum targets end-January 2026 start at Benin’s Seme field Offshore project delayed by drilling difficulties in unstable shale...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...