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Gem stone discovered could be world's largest diamond
www.telegraph.co.uk ^ | 09/22/2008 | Staff

Posted on 09/22/2008 8:43:36 AM PDT by Red Badger

A huge gem stone which could become the largest polished round diamond in history has been discovered. Miners in Lesotho have discovered a huge gem stone which could become the largest polished round diamond in history Photo: PA The massive stone is the 20th largest rough diamond ever found, weighs 478 carats and is of outstanding clarity, said Gem Diamonds. It was recovered at the Letseng Mine, owned by the company, in Lesotho earlier this week. Another similar sized rough stone from the same mine was recently valued at 12 million US dollars. But the clarity and round shape of this gem mean it could be worth considerably more and in its polished state could fetch tens of millions of pounds. It is estimated to be capable of producing a 150 carat polished gem stone, dwarfing the Koh-i-Noor diamond which is part of the Crown Jewels. A spokesman for Gem Diamonds added that initial examination suggested that the white diamond, which has yet to be named and valued, has a completely flawless centre. The mine, which was owned by famous diamond company De Beers for many years, has already produced three of the world's biggest diamonds including the 603 carat Lesotho Promise, the 493 carat Leteng Legacy and the 601 carat Lesotho Brown. Clifford Elphick, chief executive officer of Gem Diamonds, said "Preliminary examination of this remarkable diamond indicates that it will yield a record breaking polished stone of the very best colour and clarity."

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; United Kingdom
KEYWORDS: 478; diamond; gem; godsgravesglyphs; southafrica
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1 posted on 09/22/2008 8:43:37 AM PDT by Red Badger
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To: Red Badger

I will take one of those please
;-}


2 posted on 09/22/2008 8:49:09 AM PDT by Poetgal26 (God bless the US Military and our vets! (RIP Sgt Matthew Maupin))
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To: Red Badger

“The Koh-i-noor is a round cut but at 105 carats it is smaller than the potential size of the new find.

It originated in India but was seized by Britain as a spoil of war in 1849. It supposedly brings good luck to female owners and misfortune or death to any male who wears or owns it.”

Wow.
Doesn’t really make ya wanna be king of England, does it?


3 posted on 09/22/2008 8:50:47 AM PDT by Salamander (McCain/Palin 08. Country FIRST!)
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To: Salamander

It is good to be king................


4 posted on 09/22/2008 8:52:07 AM PDT by Red Badger (I'm gonna use "Sarah!" from NOW ON since Hillary uses "Hillary!"......)
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To: Red Badger

is that Mrs Kobe Bryant?


5 posted on 09/22/2008 8:52:14 AM PDT by WOBBLY BOB (Conservatives are to McCain what Charlie Brown is to Lucy.)
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To: Salamander

“Gem Diamonds says that initial examination suggests that it has a flawless centre and could produce a 150-carat round-cut white diamond worth tens of millions of pounds. It would dwarf the 105-carat Kohinoor in the Crown Jewels.”

In 1852, under the personal supervision of Victoria’s consort, Prince Albert, and the technical direction of James Tennant, the diamond was cut from 186 1/16 carats (37.21 g) to its current 105.602 carats (21.61 g), to increase its brilliance. Albert consulted widely, took enormous pains, and spent some £8,000 on the operation, which reduced the weight of the stone by a huge 42% - but nevertheless Albert was still dissatisfied with the result. The stone was mounted in a tiara with more than two thousand other diamonds.

http://en.wikipedia.org/wiki/Koh-i-Noor


6 posted on 09/22/2008 8:52:27 AM PDT by MyTwoCopperCoins
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To: WOBBLY BOB

No, It’s Mrs. A-Rod...............


7 posted on 09/22/2008 8:52:49 AM PDT by Red Badger (I'm gonna use "Sarah!" from NOW ON since Hillary uses "Hillary!"......)
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To: Red Badger
That's a big damn rock.

Makes you wonder just how much diamond material is in the rock about 30 miles down.

8 posted on 09/22/2008 8:54:06 AM PDT by Centurion2000 (McCain/Palin 2008 : Palin the Paladin 2012)
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To: Red Badger

What struck me about this picture, besides how beautiful the woman was, was who in their right mind would let a woman hold a diamond that large? IF you are lucky enough to get it back, you now have ruined it for every man on the planet.. this is the new standard all jewelry we buy will be measured against.

9 posted on 09/22/2008 8:54:26 AM PDT by mnehring (Maverick/Barracuda 2008)
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To: Poetgal26
I will take one of those please

Won't you need two to make earrings?

10 posted on 09/22/2008 8:55:05 AM PDT by cspackler (There are 10 kinds of people in this world, those who understand binary and those who don't.)
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To: cspackler

Good point


11 posted on 09/22/2008 9:09:02 AM PDT by Poetgal26 (God bless the US Military and our vets! (RIP Sgt Matthew Maupin))
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To: mnehrling
lol!

wife: honey, i saved you $500 today!

husband: wow! babe, how did you do that?

wife: well, i bought a $2,000 mink, but it was on sale for 25% off.

:^)

12 posted on 09/22/2008 9:11:47 AM PDT by robomatik ((wine plug: renascentvineyards.com cabernet sauvignon, riesling, and merlot))
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To: Red Badger

Excuse me while I go add that little bauble to my Christmas list!


13 posted on 09/22/2008 9:16:28 AM PDT by ninergold3 (Christ would not vote for Barack Obama...Alan Keyes)
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To: Centurion2000
Makes you wonder just how much diamond material is in the rock about 30 miles down.

A huge amount. Now all you need to do is figure out how to go get it!

14 posted on 09/22/2008 9:23:49 AM PDT by Bernard Marx
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To: robomatik

Oh my gosh.. I swear our wives talk.. my wife uses that exact same line all the time. Last weekend my wife saved me $250 buy buying a $500 purse on sale for $250.. not kidding..


15 posted on 09/22/2008 9:24:13 AM PDT by mnehring (Maverick/Barracuda 2008)
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To: Red Badger
Kingdom of Lesotho


16 posted on 09/22/2008 9:47:48 AM PDT by BroJoeK (A little historical perspective....)
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To: mnehrling
...this is the new standard all jewelry we buy will be measured against.

Better ask your boss for some overtime before the holidays, then...........

17 posted on 09/22/2008 10:00:54 AM PDT by Red Badger (I'm gonna use "Sarah!" from NOW ON since Hillary uses "Hillary!"......)
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To: mnehrling
...my wife saved me $250 buy buying a $500 purse on sale for $250...

If she keeps saving you money like that, you'll soon be broke!...........

18 posted on 09/22/2008 10:02:28 AM PDT by Red Badger (I'm gonna use "Sarah!" from NOW ON since Hillary uses "Hillary!"......)
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To: StayAt HomeMother; Ernest_at_the_Beach; 1ofmanyfree; 21twelve; 24Karet; 2ndDivisionVet; 31R1O; ...

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19 posted on 09/22/2008 10:43:56 AM PDT by SunkenCiv (https://secure.freerepublic.com/donate/_______Profile hasn't been updated since Friday, May 30, 2008)
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To: Red Badger
my wife saved me $250 buy buying a $500 purse on sale for $250

Hank, is that you?

20 posted on 09/22/2008 10:48:03 AM PDT by AndyJackson
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