always hope!!, page-16

First 16 Last

Share
Profile

Follow
Bayswaterguy

1,738 Posts.

105

27/02/19

19:30

Post #: 37592511
Share

Originally posted by pentacost ↑

GEM DIAMONDS RECOVERS A 13.33-CARAT PINK AT LETSENG

Just under two months ago, the miner recovered a 125-carat white from Letšeng

הדפס
27.02.2019Mining
Credit: Gem Diamonds
Gem Diamonds has announced the recovery of a high-quality 13.33 carat, pink colour Type I diamond from its Letšeng mine in Lesotho. The diamond was recovered on February 7.

At the end of 2018, Gem Diamonds recovered a 125 carat high quality white, Type IIa diamond from Letšeng – the 15th diamond greater than 100 carats to be recovered in 2018. On December 19, the miner announced the recovery of two high quality, white Type IIa diamonds from Letšeng: a 101 carat stone and a 71 carat stone, both recovered within a 24-hour period at Letšeng.

Earlier this month, Gem Diamonds reported its sales performance for the fourth quarter of 2018 and the full year 2018, saying that “the demand and prices for Letšeng’s large high-quality white rough diamonds have remained firm”. One of the highlights of the report is the 10% rise year-on-year in the average price per carat achieved in 2018. Gem Diamonds raked in $2,131 per carat in 2018, compared with $1,930 per carat in 2017.

Expand

Looks like great news for SHers, things are definitely looking up

Last edited by Bayswaterguy: 27/02/19

MED Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

SHN

Chimeric clocks $4.17M R&D tax rebate from Canberra

Watchdog takes Webjet to court over alleged 'false' flight prices with hidden fees

MTM

Australian Rare Earths bullish on early-stage uranium potential at Overland, SA

Chaos reigns markets – so let's take stock of where we're at ahead of December

PME

Pro Medicus signs landmark $330M deal to roll out imaging platform in US hospitals

OCN

Southern Cross Gold zooms in on 9 new high-grade zones above 20g/t at Golden Dyke

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 12 more messages in this thread...

First 16 Last

Add MED (ASX) to my watchlist

always hope!!, page-16

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Chimeric clocks $4.17M R&D tax rebate from Canberra

Watchdog takes Webjet to court over alleged 'false' flight prices with hidden fees

Australian Rare Earths bullish on early-stage uranium potential at Overland, SA

Chaos reigns markets – so let's take stock of where we're at ahead of December

Pro Medicus signs landmark $330M deal to roll out imaging platform in US hospitals

Southern Cross Gold zooms in on 9 new high-grade zones above 20g/t at Golden Dyke

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up