11th Oct 2013 09:00
LONDON (Alliance News) - Gem Diamonds Ltd Friday said it has achieved a record sale price for a rare blue diamond at its Letseng Mine in Lesotho.
The high value diamond producer with operations in Lesotho and Botswana said it sold a 12.47 carat blue diamond for a price of USD7.5 million.
The company said the deal was a new sale record for its Lesotho site and was coupled with the sale of a high quality 82 carat white diamond, which fetched USD4.8 million.
Gem Diamonds shares were up 2.3% to 154.50 pence in early trading Friday.
By Tom McIvor; [email protected]; @TomMcIvor1
Copyright 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
Gem Diamonds Di