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Title: 'Gem Diamonds' Unearths Massive 442-Carat Diamond From Its Letseng Mine In Lesotho
Source: [None]
URL Source: https://www.zerohedge.com/commoditi ... amond-its-letseng-mine-lesotho
Published: Aug 22, 2020
Author: Tyler Durden
Post Date: 2020-08-22 10:06:14 by Horse
Keywords: None
Views: 273
Comments: 2

..we wouldn't be surprised if it sells for $100 million.

Poster Comment:

5 carats to a gram. 442/5 = 88.4 grams = 3.12 ounces. That is $1,131,221 per gram.

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#2. To: Horse (#0)

From the source:

"Elphick concluded in a brief, company issued, press release: 'The recovery of this remarkable 442 carat diamond, one of the world's largest gem quality diamonds to be recovered this year, is further confirmation of the calibre of the Letšeng mine and its ability to consistently produce large, high quality diamonds.'"

This particular diamond mine puts the one in Arkansas to shame. ;)

BTP Holdings  posted on  2020-08-22   10:42:33 ET  Reply   Untrace   Trace   Private Reply  

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