Skip to main content

AFP Diamond found in Lesotho among largest ever: company


Sun Sep 21, 10:52 AM ET

LONDON (AFP) - Gem Diamonds, a London-listed mining firm, said on Sunday it had recovered a 478 carat diamond from its mine in Lesotho: the 20th-largest rough diamond ever found.

The discovery of the gem, which the company said had the potential to become one of the largest round-cut diamonds in the world, was made on September 8 at the Letseng mine in Lesotho.

"Preliminary examination of this remarkable diamond indicates that it will yield a record-breaking polished stone of the very best colour and clarity," the company's Chief Executive Clifford Elphick said in a statement.

The diamond, which has not yet been named, has the potential to yield a 150 carat polished stone, a company spokesman said.

That would be far bigger than the 105 carat round-cut Koh-i-Noor diamond seized by Britain from India in the 19th century and now part of the Crown Jewels.

It would still only be a fraction of the size, however, of the Cullinan diamond discovered in 1905, which was 3,106 carats when recovered and yielded a teardrop shaped diamond of 530 carats: the Great Star of Africa.

The Letseng mine is owned by a mining company that is 70 percent owned by Gem Diamonds, with the remaining 30 percent held by the Lesotho government.

Gem Diamonds's share price on the London Stock Exchange was 741.50 pence at the close of trading on Friday.

Comments

Post a Comment

Popular posts from this blog

FBI plans large hiring blitz of agents, experts

By James Vicini James Vicini – Mon Jan 5, 5:15 pm ET WASHINGTON (Reuters) – Wanted by the FBI: agents, language specialists, computer experts, intelligence analysts and finance experts. The FBI said on Monday it had launched one of the largest hiring blitzes in its 100-year history involving 2,100 professional staff vacancies and 850 special agents aimed at filling its most critical vacancies. The agency, which seeks to protect the United States from terrorist attack, fight crime and catch spies, among other duties, said it currently has more than 12,800 agents and about 18,400 other employees. Since the Sept 11, 2001, attacks, the FBI has been criticized for not having enough employees fluent in foreign languages and for not moving fast enough to upgrade its computer system. FBI Assistant Director John Raucci of the Human Resources division said the federal law enforcement agency is seeking to bring more people on board with skills in critical areas, especially language fluency and ...
Post a Comment
Read more

Anti-cancer foods

Posted by: Zap Mon, Sep 29, 2008, 1:44 pm PDT Source: Yahoo Health It turns out that a healthy diet can help to override any cancer-prone genes you might have at work in your body. "Nutrition has a bigger influence on cancer than inherited genes, which means you could significantly reduce your odds of the disease through diet alone," explains Joel Fuhrman, M.D., author of Eat for Health (Gift of Health Press). OK, OK. I know what you're thinking right about now: She's going to tell me I have to eat kale at every meal. Not so! I mean, for the record, you should always eat as many fruits and veggies as possible, because they will dramatically lower your odds of ever hearing the dreaded diagnosis. But there are many other, less rabbity ways to eat away at your cancer risk. Add whole grains to your diet. My two faves, aside from a thick piece of freshly baked whole-grain bread? Oatmeal with a pinch of cinnamon for breakfast, or brown rice with a chicken and veggie stir-f...
1 comment
Read more

Why Disasters Are Getting Worse?

By: AMANDA RIPLEY Thu Sep 4, 12:40 PM ET In the space of two weeks, Hurricane Gustav has caused an estimated $3 billion in losses in the U.S. and killed about 110 people in the U.S. and the Caribbean, catastrophic floods in northern India have left a million people homeless, and a 6.2-magnitude earthquake has rocked China's southwest, smashing over 400,000 homes. If it seems like disasters are getting more common, it's because they are. But some disasters do seem to be affecting us worse - and not for the reasons you may think. Floods and storms have led to most of the excess damage. The number of flood and storm disasters has gone up by 7.4% every year in recent decades, according to the Centre for Research on the Epidemiology of Disasters. (Between 2000 and 2007, the growth was even faster - with an average annual rate of increase of 8.4%.) Of the total 197 million people affected by disasters in 2007, 164 million were affected by floods. It is tempting to look at the line-u...
Post a Comment
Read more