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A rough diamond
A rough diamond
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Anna Friel Among Cast Of Stan, Roadshow Rough Diamond & CBS Studios Team Medical Interns Drama ‘The F Ward’
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Paid articlePaywallCanada's Lucara Diamond discovered what could be the second-largest rough diamond ever found at its Karowe mine in Botswana ... Show more
Lucara finds second biggest diamond yet in Botswana | Reuters
Lucara finds second biggest diamond yet in Botswana | Reuters
Key FactsSecond-Largest Diamond Ever Discovered in Botswana
Aug 23, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: nytimes.com
Summary created with AI assistance · Source: nytimes.com
- A 2,492-carat diamond, the second-largest ever found, has been unearthed in Botswana using advanced X-ray technology by Lucara Diamond. This remarkable find is expected to rejuvenate the struggling diamond mining industry.
- The diamond was discovered in a small but prolific mine in northeastern Botswana, which has a history of yielding significant stones. Experts indicate that the unique geological conditions from a volcanic eruption played a crucial role in this discovery.
- While the diamond's valuation may take months, estimates suggest it could sell for tens of millions of dollars. The sale of such large diamonds is likely to elevate the market for smaller stones and bolster Botswana’s economy, which heavily relies on diamond exports.
- Despite facing competition from lab-created diamonds, Lucara remains committed to discovering more large, natural diamonds. The company aims to surpass the Cullinan diamond, the largest ever found, discovered in South Africa in 1905.