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Gem sells 13 ct pink diamond for $8.7m

14th March 2019

By: Marleny Arnoldi

Deputy Editor Online

     

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LSE-listed Gem Diamonds on Thursday announced the sale of a 13.33 ct pink diamond on tender in Antwerp for $8.75-million.

The diamond was recovered from the Letšeng mine, in Lesotho, in which Gem Diamonds holds a 70% stake, in February.

The sale represents a record dollar per carat price of $656 933 for a Letšeng diamond.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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R/€ = 20.4665 Change: 0.0128
R/$ = 19.1232 Change: 0.0125
Au 2321.93 $/oz Change: -0.10
Pt 920.30 $/oz Change: 0.20