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World’s second largest diamond discovered in Botswana

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World’s second largest diamond discovered in Botswana

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A diamond of unusually large size – the world’s second largest at 2,492 carats – but barely big enough to fit in the palm of your hand, was found in a mine. BotswanaLukala announced.

No details on its value

The half-kilogram gem was found in the Karowe mine in northeastern Botswana, Africa’s main producer. of The Canadian mining company stressed that the diamond is “one of the largest rough diamonds ever discovered.”

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According to the Botswana government and several experts, this is the second largest relic ever found on Earth. In terms of carat weight, it is not far behind the world’s largest known diamond, the Cullinan, which weighs more than 3,100 carats and was unearthed in Africa. of Went south in 1905.

“We are delighted to have discovered this extraordinary diamond,” said Lucara Chief Executive William Lamb, who did not elaborate on the value of the find or its quality.

New detection system

According to the British Economic Daily Financial TimesCiting sources close to Lucara, the report said the gem could be worth more than $40 million. director Lukla Botswana General Naseem Lahri presented the stone to the country’s president. Mrs. Mokwesion August 22 this year. “I am told that this is the largest diamond ever found in Botswana and the second largest in the world,” said the president, who congratulated the mining company.

“With a diamond this big, we can build roads,” he said. additional President. Lucara has made it clear that it pays the Botswana government a 10% royalty on the total sales value of diamonds produced in Karowe.

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“This historic discovery of a rough diamond is exciting and the most significant in 120 years,” stressed Tobias Kormind, Managing Director of 77 Diamonds, Europe’s largest online jeweller.

According to him, this large, translucent stone East “The largest rough diamond unearthed since the discovery of the Cullinan diamond,” the diamond has been cut into several pieces, the largest of which is set in the British Crown Jewels.

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The discovery was made “in large part due to the latest X-ray technology,” developed and licensed by Lucara. In 2017, “This allows larger gemstones to be mined from the ground without breaking,” the expert stressed. He added that “therefore, we are likely to see others” turn up.

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The Karowe mine began production in 2012, and Lucara has since sold 216 diamonds valued at more than $1 million and 11 diamonds valued at more than $1 million. 10 According to the company, it is worth $1 million.

Botswana is one of the world’s largest producers of diamonds by volume and value, according to the International Monetary Fund. They are its main source of revenue, accounting for 30% of GDP and 80% of exports.

As Lucara noted in its press release, diamond revenues have provided Botswana with “substantial socio-economic benefits.” Financing “Important areas such as education and health,” such as infrastructure in this country of 2.6 million inhabitants.

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Prior to the Aug. 22 announcement, the largest diamond ever found in Botswana was a 1,758-carat diamond also mined by Lucara in 2019 and named Sewelo, which means “rare find” in Setswana.

As big as one ball The tennis stadium was acquired by Louis Vuitton, the flagship brand of luxury giant LVMH, for an undisclosed price.

Lucara recalled in its press release that the company also discovered a 1,174-carat diamond in Botswana in 2021 using the same X-ray technology used to identify the rough diamond this week. size Special.

(AFP report)

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