interestng excerpt from BBusters post
However, Martin Potts, a mining analyst with London-based financial advisory firm finnCap, told National Jeweler that he has seen a photo of the stone and, even prior to cleaning, it looks “good.” He estimates the stone will sell for $12 million to $15 million.
He adds that it is the third largest rough diamond declared this year, topped only by the 258.69-carat stone Lucara Diamond Corp. sold in July from the Karowe Mine in Botswana and the 239-carat stone it is offering in its next tender. In addition, the 198-carat white diamond is the largest gem-quality stone to emerge from Letšeng since August 2011, when the mining company found a 553-carat rough diamond, Potts said.
There are some big boys being found out there and it seems alot of the action is continuing in Africa!
553 carat rough diamond find is insane, how must the geos feel at diamond mines when those big boys come out to play!
Thanks again buster for a great article
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