Diamond News
Merlin Diamonds (ASX:MED) has unearthed Australia’s fifth largest diamond from its namesake mine in ...
Andrei VesselovskiMerlin Diamonds (ASX:MED) has unearthed Australia’s fifth largest diamond from its namesake mine in Australia’s Northern Territory, currently in the ramp up phase.
The company said the 35.26 carat brown diamond was among a number of rough gems found at its Merlin mine, including a 14.6 carat brown rock as well as a number of smaller white diamonds.
Shares in the company jumped 7% to $0.015 after the announcement.
Last month, the company found a very rare blue coloured diamond, believed to be the first blue gem produced at Merlin.
The company said the 35.26 carat brown diamond was among a number of rough gems found at its Merlin mine, including a 14.6 carat brown rock as well as a number of smaller white diamonds.
Shares in the company jumped 7% to $0.015 after the announcement.
Last month, the company found a very rare blue coloured diamond, believed to be the first blue gem produced at Merlin.
