INTERNATIONAL - A giant 1,758-carat diamond, the second-biggest ever discovered, has been found in Botswana. But unlike its rivals, it won’t fetch a record-breaking price.
Lucara Diamond Corp. said it unearthed the stone - roughly the size of a tennis ball - at its Karowe project in Botswana, a mine renowned for its huge gems including the previous holder of the No. 2 position. Still, the company said the diamond is a near gem of variable quality, meaning it won’t yield incredibly valuable polished diamonds on par with earlier finds.
Lucara’s Karowe mine is becoming famous for giant stones. In 2015, Lucara found the 1,109-carat Lesedi La Rona, which at the time was the second-largest ever and eventually sold for $53 million. The mine has also yielded a 813-carat stone that fetched a record $63 million. Those two gems were both much more valuable Type-IIa stones.
Still, the latest find shows that Karowe’s plant can process and detect huge gems without breaking them, a consistent headache when trying to separate brittle stones from hundreds of tons of waste rock. “Karowe has now produced two diamonds greater than 1,000 carats in just four years, affirming the coarse nature of the resource and the likelihood of recovering additional, large, high quality diamonds in the future,” Eira Thomas, Lucara’s chief executive officer, said in a statement. The biggest diamond ever discovered is the 3,106-carat Cullinan, found near Pretoria in South Africa in 1905.
busrep When is Great Britain giving these diamonds back to South Africa? They still have the Koh-I-Noor from India. Or are they still celebrating their conquests?
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Competition between network providers in SA insufficient - report | IOL Business ReportConsumers are set for a big financial relief after the Competition Commission this week said it would compel mobile companies to slash data prices.
Fuente: IOL - 🏆 46. / 51 Leer más »
Bezuidenhout front runner to head Mango | IOL Business ReportA spectacular comeback that is set to shake the low-cost airline industry
Fuente: IOL - 🏆 46. / 51 Leer más »
Vodacom to tackle ruling on data | IOL Business ReportMobile operator has hinted that it could challenge the Competition Commission's ruling on data prices.
Fuente: IOL - 🏆 46. / 51 Leer más »
Zimbabwe scrambles to resolve cash crunch | IOL Business ReportZimbabwe is trying to clear its arrears with the World Bank and African Development Bank so it can unlock fresh credit lines. busrep One war that won't end anytime soon.
Fuente: IOL - 🏆 46. / 51 Leer más »
LOOK: Prime waterfront locations for home buyers | IOL Business ReportBeing limited in supply and therefore generally highly sought after, residential waterfront property enjoys high demand and commands a premium price.
Fuente: IOL - 🏆 46. / 51 Leer más »
Sars seeks to gag businessman | IOL Business ReportGary van der Merwe and daughter sue taxman for R1bn each in constitutional damages
Fuente: IOL - 🏆 46. / 51 Leer más »
Consumers in for a very rough ride with petrol hike | IOL Business ReportWith the expected petrol price increase of 56 cents a litre just days away, debt-stressed consumers are going to have to cut unnecessary expenses. busrep Cycle lanes...we need cycle lanes to avoid the cost of high fuel costs . Can you assist?EMokgalapa busrep tito_mboweni, with the increase in the fuel prices recently is this the preferred method of paying for those BILLIONS that have been borrowed recently by the president?
Fuente: IOL - 🏆 46. / 51 Leer más »
5 challenges faced by new Sars commissioner | IOL Business ReportMany South African eyes are carefully watching you as you take on a role that is not so easy to fulfil … writes Willem Oberholzer.
Fuente: IOL - 🏆 46. / 51 Leer más »
1 800 workers trapped underground at Sibanye | IOL Business ReportAbout 1 800 workers are trapped underground at a Sibanye Gold platinum operation in South Africa after an incident in the shaft used to transport workers, the company said.
Fuente: IOL - 🏆 46. / 51 Leer más »