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An Exceptional Find

Posted on August 6th, 2014 by Goldman Buyer

A mine in southern Africa known for producing large and exceptional diamonds is at it again. Mining firm Gem Diamonds announced that it discovered a 198-carat, type IIa white diamond at the Letseng mine at the end of last month.

Gem Diamonds owns 70% of the mine, located in the Maluti mountains in Lesotho, in 2006, and has uncovered four of the 20 largest white gem-quality diamonds ever recorded. The Letseng mine is the highest dollar-per-carat kimberlite diamond mine in the world.

The company plans to sell the diamond – which displays no fluorescence – later this year. Estimates for selling price are between $2.9 million and $13 million.

 

Courtesy of Jewellery Focus

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