RAPAPORT... Gem Diamonds Limited sold a rare, rough 12.47-carat blue diamond from the Letseng mine for $603,047 per carat, or $7.52 million. In addition, the mining company sold an 82-carat, ''exceptional quality'' rough diamond for $59,173 per carat, or $4.8 million. Both diamonds were recovered in September. Clifford Elphick, Gem Diamonds' CEO, said, "Letšeng continues to achieve such outstanding prices for its exceptional diamonds and we continue to expect recovery of such high-quality diamonds as mining at Letšeng continues to focus more on the higher-grade, higher-value satellite pipe towards the end of 2013 and into 2014."
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