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Gem Diamonds recovers 98 ct diamond at Letšeng

Aim-listed Gem Diamonds on Tuesday reported that it has recovered a 98.42 ct high-quality D-colour Type II diamond at its 70%-owned Letšeng mine, in Lesotho. CEO Clifford Elphick commented that it had recovered 25 479 ct of diamonds at Letšeng at a grade of 1.53 carats per hundred tonnes (cpht), against an expected reserve grade of 1.61 cpht.