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Merlin Upbeat After 13ct. Diamond Sale

Oct 2, 2017 7:00 AM   By Rapaport News
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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
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