Enormous diamond (2nd largest in last 100 years) unearthed in Lesotho

Since Gem Diamonds acquired Letšeng in 2006, the mine has produced some of the world’s most remarkable diamonds, including the 603 carat Lesotho Promise. However, this exceptional top quality diamond is the largest to be mined to date.

Clifford Elphick, Gem Diamonds

London Stock Exchange-listed Gem Diamonds has recovered the fifth largest gem quality diamond ever found.

It found the 910 carat diamond in its Letšeng Diamond Mine in Lesotho.

The diamond has not yet been named.

The Money Show’s Bruce Whitfield interviewed Gem Diamonds CEO Clifford Elphick.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

It’s about the size of a tennis ball, and quite heavy. It feels slightly oily. It does have a bit of kimberlite still attached to it…

Clifford Elphick, Gem Diamonds

There was a lot of ululating and high-fives…

Clifford Elphick, Gem Diamonds

This is the second largest diamond recovered in the last 100 years…

Clifford Elphick, Gem Diamonds

We’ve got a shortlist of four or five interesting names.

Clifford Elphick, Gem Diamonds

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