'Lesotho Legend' 910 Carat Diamond Sold For $40M At Antwerp Tender

By Albert Robinson / March 13, 2018 / www.idexonline.com / Article Link

(IDEX Online) - Gem Diamonds announced that the exceptional quality 910 carat D color Type IIa diamond recovered from the Let??eng mine in January was sold for $40 million at tender in Antwerp on 12 March.

 

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 Let??eng diamond production."

Recent News

Polarized gold and iron ore moves, moderate aluminum and copper gains

December 30, 2024 / www.canadianminingreport.com

Large TSXV stocks strong on company specific drivers

December 30, 2024 / www.canadianminingreport.com

Canadian political turmoil with Trump trade policy the catalyst

December 23, 2024 / www.canadianminingreport.com

Canada and US import tariffs remain low

December 23, 2024 / www.canadianminingreport.com

Major metals not gaining much on China stimulus announcements

December 16, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok