[miningmx.com] – GEM Diamonds lifted diamonds sales in the year to date owing to an increase in high-grade diamonds from its Letseng mine in Lesotho, said Reuters. This sales increase was despite a weaker diamond market.
Gem Diamonds said it earned an average of $2,146 per carat in the first three tenders of 2015, compared with $2,140 in the fourth quarter of 2014.
The miner, which expects production at its Ghaghoo mine in Botswana to be in full swing in the second half of this year, said production at Letseng for the four months to April fell 8% to 31,369 carats due to a planned shutdown.
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