Monday, January 24, 2011

Letseng Mine Gains Record Prices in 4th Quarter

Diamonds of the Letseng Mines
(http://www.letsengdiamonds.co.ls/)
Gem diamonds have received a 54% sales increase from its Letseng mine during the 4th quarter of 2010. Overall sales from the mine increased by 62% to $80.7 million

Included in the sales were three exceptional white rough diamonds of 196 carats, 184 carats and 116 carats which sold for $28.5 million, or $57,427 per carat, while a 4.68 carat blue sold for a $725,400, or $155,000 per carat. A total 48 stones sold for more than $20,000 per carat.