New Diamond Announced - 478 Carats
This month saw the discovery of a new world class diamond in Lesotho by Gem Diamonds.
The new discovery is type 11 D color, the highest grade for a white diamond and said to be “of outstanding clarity” and could potentially produce one of the largest flawless round D color polished diamonds ever. in its rough form it comes in at the 20th largest rough diamond yet. It comes from the same mine that has now been the source of four of the worlds 20 largest rough diamonds.
There won’t be a reliable estimate of value until it can be cut but it is likely to be in excess of $12m.
The UK Telegraph has an article with a pic