Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

The second largest diamond in history has just been recovered...

… and it’s absolutely enormous.

diamond4 Lucara Lucara

IF YOU THOUGHT the stone sported by Kate Winslet in Titanic was the stuff of dreams, you may be surprised a stone has just been found that makes it look like a pebble.

Diamond vendors Lucara have just announced the recovery of a 1,111 carat rock from one of its mines in Botswana.

The stone is the world’s second largest gem quality diamond. It measures 65mm x 56mm x 40mm. You would struggle to fit it on a standard engagement ring to say the least.

It is, frankly, ludicrously big.

diamond1 Lucara Lucara

diamond2 Lucara Lucara

President of Lucara William Lamb said the “significance of the find cannot be overstated”.

This historic diamond recovery puts Lucara amongst a select number of truly exceptional diamond producers.

The value of the stone is not yet known, but AFP quotes mining analyst Kieron Hodgson as saying it has “the potential to be one very expensive diamond”.

Valuation will depend on potential inclusions, how it would behave in cutting, optimal shape, as well as final colour.

The only known diamond larger than Lucara’s find is the Cullinan diamond which was recovered in South Africa in 1905.

Cullinan_diamond_rough The Cullinan diamond, the largest ever discovered in its rough form Wikimedia Commons Wikimedia Commons

This new diamond is the first of its size to be uncovered using a modern processing facility.

The new diamond isn’t even the only huge stone that Lucara have recovered this week.

The company have suggested on their site that the Karowe Mine, where the huge stone was found, has also this week turned up an 813 carat and a 374 carat stone.

Contains reporting by AFP

Read: Leonardo DiCaprio is putting his money into a startup ‘growing’ real diamonds

Read: A tycoon bought this €45 million rare diamond for his 7-year-old daughter

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Author
Cianan Brennan
View 27 comments
Close
27 Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.
    JournalTv
    News in 60 seconds