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Make no mistake about it: the risk of public backlash to this information is very real.

Rising prices and demand for large diamonds have fueled the success of the Letšeng mine in northern Lesotho.

his may be a bitter pill to swallow, but the truth needs to be said…

Although its total output is relatively small—about 100,000 carats yearly, compared to two million or more carats from most major diamond mines—the average value of its production in 2014 was just above US,500 per carat (Gem Diamonds Ltd., 2014, 2015a).Easy print PDF version of this timeline 12k PDF courtesy of S.Malka Cohen at J M Publishers We have now reached the conclusion of this series and before we wrap up it is fitting for us to put into perspective the ground that we have covered.The Letšeng-la-Terae diamond mine in Lesotho, a small nation surrounded by South Africa, is unique in that it produces some of the world’s largest and highest-value diamonds from a relatively small volume of kimberlite ore.The mine, operated by De Beers during the late 1970s and early 1980s, was difficult to sustain economically because of its remoteness and very low ore grade, which made production costs very high.

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