Gem Diamonds Finds 198Ct Diamond at Letseng

(IDEX Online News) – Gem Diamonds discovered a 198-carat, white, type IIa diamond at the Letšeng mine at the end of July.

"This exceptional white, high quality diamond displays no fluorescence and is expected to achieve an exceptional price when sold this year," the miner said in a statement 

Gem Diamonds CEO Clifford Elphick stated: "The recovery of this large, high quality white diamond continues to support the Letšeng mine's reputation as the most important source of exceptional quality, large diamonds."

Gem Diamonds holds a 70-percent stake in the Letšeng mine as well as the Ghaghoo mine, currently in development in Botswana.

Since Gem Diamonds’ acquisition of Letšeng in 2006, the mine has produced four of the top-20 largest white gem quality diamonds recorded.