HomeDiamonds & Gemstones476.89 carat diamond sells for US$16.5 million

476.89 carat diamond sells for US$16.5 million

The marketing rights related to the Meya Prosperity Diamond may be used by Meya and its shareholders.

An additional bonus payment will be made if the largest polished stone be graded as a D Flawless.

Meya Mining’s board accepted the private bid after extensive deliberation and consultations with market experts and two independent valuators.

The first 5,162 ton in situ kimberlite from bulk sample 1, labelled as the Meya River Sample, was processed during November 2017.

A total of 3,333.23 carats were recovered, including the 476.89 carat Meya Prosperity diamond.

Apart from the 476.89 carat Meya Prosperity the full sample was placed on tender, which was facilitated by Miranel BVBA in Antwerp, from 5 to 12 December 2017.

Feature image credit: Wikipedia