louboutin pas cher 478ct Letšeng diamond sells for

Graff Diamonds is noted as one of the world’s leading diamond jewellery purveyors, and was also the winning bidder for the Lesotho Promise in 2006 and the Let?eng Legacy in 2007. There were strong bids from a further six diamantaires, the company said.
The mine is located in the Maluti mountains, is the highest diamond mine in the world at an altitude of 3 250m above sea level – one of the coldest places in Africa.
The Light of Let?eng ranks as the twentieth largest [url=http://www.rtnagel.com/louboutin.php]louboutin pas cher[/url] rough diamond ever to be recovered. The [url=http://www.maximoupgrade.com/hot.php]hollister[/url] Let?eng mine has now produced four of [url=http://www.ilyav.com/uggpascher.php]ugg pas cher[/url] the world’s 20 largest rough diamonds and the three largest diamonds recovered this century.
This remarkable value was attributed to the Light of Let?eng’s white colour and outstanding clarity.
“To the best of our [url=http://www.gotprintsigns.com/hollisterpascher/‎]hollister pas cher[/url] knowledge this is the most valuable rough diamond ever to be sold,” said Graff Diamonds chairperson Laurence Graff, who bought a 4,5% stake in Gem Diamonds last month.
“This investment is [url=http://www.mansmanifesto.fr]doudoune moncler[/url] indicative [url=http://www.thehygienerevolution.com/barbour.php]barbour paris[/url] of our commitment to the diamond industry and our faith in [url=http://www.vivid-host.com/barbour.htm]barbour uk outlet[/url] the long-term value of diamonds,” he stated.
The price translated to $38 400/ct, against a global average diamond price of [url=http://www.ilyav.com/uggpascher.php]boots ugg pas cher[/url] $90/ct said London-listed Gem Diamonds, which owns 70% of the Let?eng mine, in a joint [url=http://www.gotprintsigns.com/hollisterpascher/‎]hollister paris[/url] venture with the government of Lesotho.
“The Light of Let?eng is one of the most significant [url=http://www.1855sacramento.com/peuterey.php]peuterey outlet[/url] diamonds to have been recovered in living memory. Nevertheless, it remains exceptionally pleasing that despite these difficult financial times that this diamond has been recognised for its outstanding quality and in turn has achieved significant value,” commented Gem Diamonds CEO Clifford Elphick.
Fourth quarter 2008 prices for [url=http://www.rtnagel.com/airjordan.php]jordan pas cher[/url] Let?eng’s diamonds were averaging $2 139/ct and the average 2008 price a carat on all Let?eng diamonds sold was $2 123/ct. This compared favourably to the average price a carat achieved in 2006 and 2007, of $1 578/ct and $1 977/ct, respectively.
JOHANNESBURG ( – The 478ct Light of Let?eng diamond, produced from the Let?eng diamond mine in Lesotho, was sold on tender in Antwerp for $18,4-million, to Graff Diamonds’ manufacturing unit, Safdico.
The Let?eng mine was operated by De Beers between 1977 and 1982, reopening operations in 2004, after which it was acquired by Gem Diamonds in late 2006 for $118,5-million.
He said that Graff Diamonds expected to produce polished diamond of at least 200ct.
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The diamond was recovered at Let?eng le Terai mine on September 8, 2008, and [url=http://www.gotprintsigns.com/monclerpascher/]moncler pas cher[/url] was the third significant diamond to be recovered at Let?eng in as many years.
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