Gem Diamonds Sells Pink Diamond For USD8.8 Million

LONDON (Alliance News) - Gem Diamonds Ltd on Thursday said it sold a 13.33 carat pink diamond, ...

Alliance News 14 March, 2019 | 10:41AM
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LONDON (Alliance News) - Gem Diamonds Ltd on Thursday said it sold a 13.33 carat pink diamond, recovered from the Letseng mine in Lesotho in February, for USD8.8 million.

The price of USD656,933 per carat represents a record for a Letseng diamong, Gem added.

Gem Diamonds shares were trading up 0.7% at 90.00 pence each on Thursday.

By Elena Cherubini; elenacherubini@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Gem Diamonds Ltd 32.30 GBX 0.94 -

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