Gem Diamonds recovers 149 carat diamond from Letseng

Gem Diamonds recovers 149 carat diamond from Letseng

Cape Town - Since discovering a 910 carat gem diamond just last week, Gem Diamonds has recovered another large high quality diamond.

The 149 carat diamonds, characterised by its excellent shape, is the fourth high quality diamond of over 100 carats recovered to date in 2018 from Letšeng, the highest dollar per carat kimberlite diamond mine in the world. These were a 104.73 carat D colour Type IIa diamond and a 151.52 carat Type I yellow diamond, Bloomberg reported. Shore Capital restated a not rated rating on shares of Firestone Diamonds PLC in a report on Wednesday, April 5th. The Company's geographical segments include Lesotho, which is involved in diamond mining activities; Botswana, which is engaged in diamond mining activities; Belgium, which is involved in the sales, marketing and manufacturing of diamonds, and British Virgin Islands (BVI), Republic of South Africa (RSA) and the United Kingdom, which provides technical and administrative services. The Company has two mines, Liqhobong in Lesotho where construction of the Liqhobong Mine Development Project is nearing completion and BK11 in Botswana, which remains on care and maintenance. Gem sold a 357-carat stone for $19.3m in 2015, and in 2006 found the 603-carat Lesotho Promise.

It's time for listening: Alison Brie on Franco allegations
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