Diamond & Jewelry News

March 13, 18 by Albert Robinson
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(IDEX Online) – Gem Diamonds announced that the exceptional quality 910 carat D color Type IIa diamond recovered from the Letšeng mine in January was sold for $40 million at tender in Antwerp on 12 March. <?xml:namespace prefix = "o" ns = "urn:schemas-microsoft-com:office:office" /?>

 

Reflecting its significance, the diamond, which is the fifth largest gem quality diamond ever recovered, has been named The Lesotho Legend, the miner said. 

 

Clifford Elphick, Gem Diamonds' Chief Executive Officer, commented: "We are delighted with the outcome of the sale of this iconic diamond, which demonstrates the exceptional quality of The Lesotho Legend itself, as well as reaffirming the unique quality of the Letšeng diamond production."...

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