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Gem sells rough for $16.5 million and bargains for cut of polished profit

Frik Els | October 25, 2011 | 8:40 pm Africa Europe Diamond 

London-listed Gem Diamonds announced Tuesday it has sold the world’s 14th largest white diamond discovered at its Letšeng Mine in Lesotho two months ago for $16.5 million in cash. Gem will also share in the profit of any diamonds cut...

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