Gem Diamonds Finds 163-Carat Diamond at Letseng

Gem Diamonds has found what it calls  “an impressive” 163.91-carat yellow diamond at its Letseng mine in Lesotho, IDEX Online reports,

The UK-based miner has recovered two +100-carat gems so far this year at Letseng. The first one was found in March – a 122-carat D color Type II white diamond. Despite the good news, “recoveries of large diamonds last year were below average,” only four +100-carat gems, compared with eight on average every year since 2008. 

In 2022, a 42.98- carat white diamond from Letseng sold for $34,170 per carat ($1,469,000), with three other diamonds selling for over $1 million during the year.

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