London-listed Gem Diamonds, operating the Letšeng diamond mine in Lesotho, generated revenues of $42.7 million from the sale of 26,627 carats of diamonds in the quarter ending September 30.
This marks a significant increase from the $34.8 million generated from the sale of 24,422 carats in the previous quarter, which ended on June 30.
The average price achieved for diamonds during the recent quarter was $1,603 per carat, up from $1,424 per carat in the second quarter.
Notably, the highest price obtained in the quarter was an impressive $45,537 per carat for a 10.98-carat pink diamond.
Additionally, Gem Diamonds reported that it sold four diamonds weighing over 100 carats during this quarter, bringing the total number of diamonds exceeding 100 carats recovered this year to 13.
