lesotho

Another Huge Diamond Found In Lesotho

Filed under: Jewelry

Another large diamond has been found at the Letseng mine in Lesotho. The stone is 478 carats and is the 20th largest rough diamond ever found. What makes this stone important is that its clarity and structure is such that instead of being cut into many smaller stones like the Lesotho Promise diamond, this new stone could yield a single 150 carat cut stone which would be one of the largest cut stones. The potential rare stone could sell for tens of millions of dollars.

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Tags: africa, diamond, diamonds, lesotho, letseng, mines

Lesotho Promise Sells For $12.36M

by Nicole Weston (RSS feed) —

Filed under: Jewelry

A 603-carat diamond, named the Lesotho Promise after the country in which it was found, was sold last week in Antwerp for $12.36 million. The giant raw diamond will most likely be cut into several smaller diamonds, which will have a collective value of approximately $20 million. The white diamond - the most popular color for a diamond to be - was the 15th largest ever found in the world, and the largest to be discovered this century.