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The diamond miner and marketer sold $575 million in rough in the fifth sales cycle of 2018, up from $541 million last year.
The colored gemstone miner, which sold only half the lots at its latest auction, said emerald customers in India are struggling to get financing.
It’s the fifth-largest diamond ever found and has been named “The Lesotho Legend.”
The company now is offering a 30-day credit line of up to $10,000 per transaction.
The government of Sierra Leone rejected a previous bid for $7.7 million from a different buyer.
Optimum Diamonds in New York paid an undisclosed amount for the fancy red stone.
The company’s sale of rough rubies from Montepuez saw only eight of 21 “schedules” sold.
The diamond miner also announced the details of its sale of 10.8+-carat rough scheduled to take place this week.
National Jeweler

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