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Botswana: Canadian Mining Company Finds World’s 2nd-Largest Diamond, Official Says

Botswana: Canadian Mining Company Finds World’s 2nd-Largest Diamond, Official Says:

The 1,111-carat stone was discovered in a mine north of the capital, Gaborone, along with an 813-carat rock and an 374-carat stone, William Lamb, CEO of Lucara Diamond, said.

Botswana: Canadian Mining Company Finds World's 2nd-Largest Diamond, Official Says
Botswana: Canadian Mining Company Finds World’s 2nd-Largest Diamond

A Canadian mining company has found what is regarded as the second largest diamond in Botswana, quantifying a whopping 1,111 carats — nearly as large as a tennis ball.

TSX-recorded and Vancouver-based Lucara said in a release it found the record-placing rock on the south lobe of the organization ‘s Karowe Mine in Botswana. It was regained on Monday.

That is the largest stone-quality diamond discovered since the famous Cullinan quantifying more than 3,000 carats was found in 1905 in South Africa. The Cullinan was later cut into smaller bits, together with the two biggest parts integrated into the Crown Jewels in Britain.

There is every sign the firm has harnessed into the motherlode of big diamonds in its mine.

On Thursday, Lucara declared it had discovered the sixth biggest ever regained two more big diamonds, one quantifying 813 carats — — and another quantifying 374 carats in exactly the same vein.

Diamonds quantifying over 100 carats are uncommon. The organization understands it’s a crown jewel on its hands, which is Lucara is in no rush to sell it of its own.

“The company already getting e-mails saying, ‘Is the rock for sale?'”

“We are not desperate to sell it,” he said, including the business is going to sell it at some point, however just after it’s figured out the best way to optimize the diamond’s value.

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