14th Sep 2015 06:57
LONDON (Alliance News) - Diamond miner Gem Diamonds Ltd on Monday said it has completed the sale of an exceptional 357 carat white diamond.
The diamond, found at the Letseng mine in South Africa, was sold for USD19.3 million at tender in Antwerp last week, the company said. It follows the sale of a 314 carat diamond found at the site earlier this year.
"Both of these diamonds achieved top prices despite current market conditions, providing further evidence of the price resilience of Let?eng's large top quality diamonds," said Gem Chief Executive Clifford Elphick.
By Sam Unsted; [email protected]; @SamUAtAlliance
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