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500 Carat Diamond Found in African Mine

The 500 carat diamond

The 500 carat diamond.

By Luke Baker,
Reuters

LONDON (Sept. 21) – Miners in the southern African kingdom of Lesotho have found one of the world’s largest diamonds, a near-flawless white gem weighing nearly 500 carats, mining group Gem Diamonds said on Sunday.

The diamond was discovered in the Letseng Mine on September 8, the company said in a statement. It has been analyzed by experts in Antwerp and found to weigh 478 carats, with very few inclusions and of outstanding color and clarity.

“It has the potential to yield one of the largest flawless D color round polished diamonds in history,” the company said.

This diamond will likely be sold for well over $10 million.

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