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Thursday 25 September 2008, 10:13
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Diamond found in Lesotho among largest ever company
Gem Diamonds, a London-listed mining firm, said on Sunday it had recovered a 478 carat diamond from its mine in Lesotho: the 20th-largest rough diamond ever found. The discovery of the gem, which the company said had the potential to become one of the largest round-cut diamonds in the world, was made on September 8 at the Letseng mine in Lesotho."Preliminary examination of this remarkable diamond indicates that it will yield a record-breaking polished stone of the very best colour and clarity," the company's Chief Executive Clifford Elphick said in a statement.The diamond, which has not yet been named, has the potential to yield a 150 carat polished stone, a company spokesman said.That would be far bigger than the 105 carat round-cut Koh-i-Noor diamond seized by Britain from India in the 19th century and now part of the Crown Jewels.It would still only be a fraction of the size, however, of the Cullinan diamond discovered in 1905, which was 3,106 carats when recovered and yielded a teardrop shaped diamond of 530 carats: the Great Star of Africa.The Letseng mine is owned by a mining company that is 70 percent owned by Gem Diamonds, with the remaining 30 percent held by the Lesotho government.cheapest wow gold , warhammer gold, warhammer power leveling, wow power leveling, warhammer power levelingGem Diamonds's share price on the London Stock Exchange was 741.50 pence at the close of trading on Friday.
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