{"id":16248,"date":"2022-06-19T07:39:56","date_gmt":"2022-06-19T07:39:56","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/massive-recovery-for-letseng-diamonds"},"modified":"2022-06-19T08:07:52","modified_gmt":"2022-06-19T08:07:52","slug":"massive-recovery-for-letseng-diamonds","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/massive-recovery-for-letseng-diamonds","title":{"rendered":"Massive recovery for Let\u0161eng Diamonds"},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>A leading global diamond producer of high value diamonds, Gem Diamonds has recovered 245 carat white type II diamond from Let\u0161eng Diamonds mine in Mokhotlong.<\/p>\n

Let\u0161eng Diamonds Communications and Community Relations Manager Lebohang Chefa explained that this 245 carat white type II diamond recovery happened on Saturday<\/p>\n

at Let\u0161eng Diamonds in Mokhotlong and it is the third diamond of over 100 carats recovered in the past three weeks. He said the previous recoveries made<\/p>\n

for the month of May are as follows; recovery of 129 carat stone on May 23 and recovery of 125 carat stone on May 31. Chefa further said these are top-quality diamonds which usually fetch top dollars for<\/p>\n

the mine when sold. He indicated that the diamond will be sold at Antwerp, Belgium, where all diamonds unearthed at Let\u0161eng Diamonds Mine are sold, through sealed tenders.<\/p>\n

\u201cIt will undergo the usual valuation process for value estimation,\u201d he said, adding that the proper<\/p>\n

valuation is yet to be done and its price will be influenced by a number of factors that include the current average price per carat in the global market.<\/p>\n

He said on average, the mine recovers eight diamonds of 100 carats plus each year. Chefa continued to say that the mine depends on the large diamonds because of the<\/p>\n

good price they fetch in the international market. \u201cWe are very excited about the recovery of the 245-carat because it means more revenue for the mine.<\/p>\n

It further means that Let\u0161eng\u2019s contribution to the economy will continue through the payment of dividends, royalties and taxes,\u201d he noted. He indicated that Basotho will also<\/p>\n

reap benefits in terms of the mine\u2019s continued contribution through corporate social responsibility programmes that include educational scholarships, footbridges, health posts, classrooms and income-generating projects, examples of which are the Butha-Buthe Vegetables Projects located at \u2018Malere and Nkhaketse and the Liphamola Dairy Farm Project located in Mokhotlong town.<\/p>\n

For More News And Analysis About Lesotho<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. A leading global diamond producer of high value diamonds, Gem Diamonds has recovered 245 carat white type II diamond from Let\u0161eng Diamonds mine in Mokhotlong. Let\u0161eng Diamonds Communications and Community Relations Manager Lebohang Chefa explained that this 245 carat white type II diamond recovery happened on Saturday at Let\u0161eng Diamonds in Mokhotlong […]<\/p>\n","protected":false},"author":84,"featured_media":16247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,246,334,245],"class_list":["post-16248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-lesotho","tag-community","tag-lesotho"],"yoast_head":"\nMassive recovery for Let\u0161eng Diamonds - Lesotho<\/title>\n<meta name=\"description\" content=\"A leading global diamond producer of high value diamonds, Gem Diamonds has recovered 245 carat white type II diamond fro ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/massive-recovery-for-letseng-diamonds\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Massive recovery for Let\u0161eng Diamonds\" \/>\n<meta property=\"og:description\" content=\"A leading global diamond producer of high value diamonds, Gem Diamonds has recovered 245 carat white type II diamond fro ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/massive-recovery-for-letseng-diamonds\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-19T07:39:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-19T08:07:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/06\/postQueueImg_26-62aed944636d7.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"478\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/massive-recovery-for-letseng-diamonds#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/massive-recovery-for-letseng-diamonds\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Massive recovery for Let\u0161eng Diamonds\",\"datePublished\":\"2022-06-19T07:39:56+00:00\",\"dateModified\":\"2022-06-19T08:07:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/massive-recovery-for-letseng-diamonds\"},\"wordCount\":333,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/massive-recovery-for-letseng-diamonds#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/06\/postQueueImg_26-62aed944636d7.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"community\",\"Lesotho\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/massive-recovery-for-letseng-diamonds#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/massive-recovery-for-letseng-diamonds\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/massive-recovery-for-letseng-diamonds\",\"name\":\"Massive recovery for Let\u0161eng Diamonds - 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