News

Advanced Search

Merlin Upbeat After 13ct. Diamond Sale

Oct 2, 2017 7:00 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT...
Merlin Diamonds has a sold a white rough diamond from its mine in Australia for $157,880, or $11,898 per carat, it said Monday.

The 13.27-carat stone is of “very high” quality and has D color, Merlin said in a statement, claiming that, once polished, the diamond could gain the GIA’s D-flawless grade.

“This augurs well for future white-diamond production at Merlin, especially in larger sizes,” the company said.

Merlin Diamonds sources its goods from the Merlin mine in Australia, which it acquired from Rio Tinto in 2004.
Tags: Australia, merlin, Merlin Diamonds, mining, Rapaport News, Rough Diamonds, rough sales
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2017 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.