One more
Letšeng Yields 98ct. Rough Diamond
Owner Gem Diamonds welcomes find amid dearth of large discoveries.
May 23, 2017 8:05 AM By Rapaport News
RAPAPORT... Gem Diamonds has discovered a 98.42-carat rough diamond at its Letšeng mine in Lesotho, the company said Tuesday.
The miner will sell the D-color, type-II diamond in June, alongside an 80.58-carat stone unearthed earlier this month. During the first quarter, Letšeng yielded 25,479 carats — an 11% decline from the same period a year ago.
“It is encouraging that during April and May, there was a notable improvement in the size and quality of diamonds recovered at Letšeng, with the dollar per carat achieved trending positively,” said Gem Diamonds CEO Clifford Elphick.
Gem Diamonds suffered a relative dearth of large rough diamonds last year. The number of diamonds from Letšeng weighing 100 carats or more slid to five in 2016 from 11 in 2015, bringing overall revenue down 24% to $189.8 million.
Meanwhile, sales in this year’s first quarter reached an average price of $1,636 per carat for 39,950 carats, compared with $1,444 per carat in the fourth quarter of 2016.
https://member.rapnet.com/News/News...ticleTitle=Letšeng Yields 98ct. Rough Diamond
- Forums
- ASX - By Stock
- LOM
- Ann: Lulo Repatriation Update
Ann: Lulo Repatriation Update, page-53
Featured News
Add LOM (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.0¢ |
Change
-0.007(8.05%) |
Mkt cap ! $23.21M |
Open | High | Low | Value | Volume |
8.6¢ | 8.6¢ | 7.8¢ | $32.79K | 392.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27369 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 114465 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 27369 | 0.078 |
2 | 107286 | 0.077 |
1 | 7048 | 0.071 |
1 | 25000 | 0.060 |
1 | 10000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 114465 | 1 |
0.086 | 8036 | 1 |
0.087 | 45571 | 1 |
0.090 | 72518 | 1 |
0.093 | 100 | 1 |
Last trade - 15.56pm 05/06/2024 (20 minute delay) ? |
|
|||||
Last
8.1¢ |
  |
Change
-0.007 ( 6.90 %) |
|||
Open | High | Low | Volume | ||
8.6¢ | 8.6¢ | 8.0¢ | 92958 | ||
Last updated 15.38pm 05/06/2024 ? |
Featured News
LOM (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non-Executive Director
Simon Kidston
Non-Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online