. . . 2018 set to pass as an exceptional business year

Another rare find at Letšeng Diamonds


Letšeng Diamonds has recovered another large stone, a 100.50-carat, top white colour Type IIa diamond, Gem Diamonds announced last week. The recovery is the 11th diamond weighed at over 100 carats since the beginning of this year, which also includes the giant 910-carat stone found in January, registered as the fifth largest diamond in the world, making 2018 an exceptional business year for the London Stock Exchange registered Gem Diamonds.

The Letšeng mine, which is 70 percent owned by Gem Diamonds with the remainder belonging to the Government of Lesotho, is famous for producing large, top colour, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world. Meanwhile, Lucapa Diamond, which owns 70 percent of Mothae Mine, also announced last week the recovery of an exceptional 11.88 carat diamond from the North-zone section of the mine where further sampling of the mine’s potential is taking place.

The company said in a press statement, the recovery was yet another proof that special diamonds can be found in all the zonal sections of the mine, the largest having been the 89-carat gem recovered in May this year from the south-East zone of the Mothae kimberlite pipe. The company’s managing director, Stephen Wetherall, said in the press statement that the recovery of such a large diamond so early in the bulk sampling programme provided further proof that just like the neighbouring Letšeng mine, Mothae is another source of large diamonds.

Mothae Mine is located just about five kilometres from the famous Letšeng Mine in the Mokhotlong district. The company is currently in the process of completing the construction of a new 150 tonne-per-hour commercial diamond plant scheduled for full commissioning later this year.

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