news-details

Another monster diamond found in Botswana

Lucara Diamond has recovered another mammoth diamond from a mine in Botswana, its second major find in a month.

The latest gem weighed 1 094 carats and was found at the Karowe mine, the company said it a statement. While it’s smaller than the 2 942 carat stone discovered at the same site in August, it is still roughly a third the size of the biggest ever found, the famous Cullinan Diamond of South Africa.

"As we progress with our underground development, we’re increasingly confident in Karowe’s capacity to produce these legendary diamonds well into the future, cementing our position in the high-end diamond market," Lamb said.

The latest discovery bears similarities to a smaller gem found last year, which yielded polished diamonds that sold for more than $13 million, the company said. It will be polished by HB Antwerp.

Related Posts
Advertisements
Market Overview
Top US Stocks
Cryptocurrency Market