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Market NewsNewsGem reports strong rough prices in Q1

Gem reports strong rough prices in Q1

A strong demand for high-quality white rough diamonds from Gem Diamonds’ Letšeng mine, in Lesotho, increased the company’s average realised diamond price by 48% in the quarter ended 31 March, bringing in $3,276 per carat over the three months, miningmx.com reported.

Diamonds produced in the prior quarter sold for an average of US$2,217, the miningmx report said.

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