The second largest diamond in the world in South Africa
The second largest quality diamond in the world has been found in Botswana, Africa, which is named "The Gigantic Diamond". Thus said the company Lucara Diamond. Botswana is the world's largest diamond producer and this trade makes it a middle-income country.
The 1,111 carat "gigantic diamond", measuring 65 x 56 x 40 millimeters, was found at the Karowe mine, about 500 km north of the capital city of Gaborone. This is the largest diamond ever found in Botswana and the biggest finding in more than a century.
A 3,106-carat diamond Cullinan was discovered in South Africa in 1905 and cut into nine separate stones. Most are placed in British Crown Jewels.
A 3,106-carat diamond Cullinan was discovered in South Africa in 1905 and cut into nine separate stones. Most are placed in British Crown Jewels.
To provide an estimate of the final selling price, Lucara recently sold a 341.9 carat diamond of roughly the same quality for $ 20.6 million, equivalent to $ 60,251 per carat. If it is estimated the same price per carat for Diamond found 1,111 carats, that could be priced at $ 66,900,000
This has been an extraordinary week for Lucara with the second largest recovery and also the sixth largest gem quality diamond ever mined, "William Lamb, CEO of Lucara. On this news wave, Lucara's stock price rose 32%, adding $ 150 million to the value the market.
This has been an extraordinary week for Lucara with the second largest recovery and also the sixth largest gem quality diamond ever mined, "William Lamb, CEO of Lucara. On this news wave, Lucara's stock price rose 32%, adding $ 150 million to the value the market.
