Gem Diamonds Gets Top Prices at February Tender

Gem Diamonds Ltd. (LSE:GEMD) announced that it has sold two diamonds recovered from its Lesotho-based Letšeng mine at the end of January.

As quoted in the press release:

These two rough diamonds (a 162.02 carat  diamond and a 161.31 carat  diamond) both achieved top prices, in accordance with their respective colour, clarity and expected  polished yield, at Letšeng’s February tender. The 162.02 carat diamond sold for US$11.1 million (US$68 687 per carat) and the 161.31 carat sold for US$2.4 million (US$14 636 per carat).

Click here to read the full Gem Diamonds Ltd. (LSE:GEMD) press release.