World's second-largest diamond found in Botswana

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The world's second-largest gem quality diamond has been discovered in Botswana, the Lucara Diamond firm says.

The 1,111-carat stone was recovered from its Karowe mine, about 500km (300 miles) north of the capital, Gaborone. It is the biggest diamond to be discovered in Botswana and the largest find in more than a century. The 3,106-carat Cullinan diamond was found in South Africa in 1905 and cut into nine separate stones, many of which are in the British Crown Jewels.

"The significance of the recovery of a gem quality stone larger than 1,000 carats, the largest for more than a century... cannot be overstated," William Lamb, the CEO of Lucara Diamond, a Canadian diamond producer, said in a statement.

Lucara says two other "exceptional" white diamonds - an 813-carat stone and a 374-carat stone - were also found at the Karowe mine.

"I am truly at a loss for words. This has been an amazing week for Lucara with the recovery of the second largest and also the sixth largest gem quality diamonds ever mined," Mr Lamb said.

Botswana is the world's largest producer of diamonds and the trade has transformed it into a middle-income nation.


World's second-largest diamond 'found in Botswana' - BBC News

Wonder what they'll do with it? Split it apart again for crowns? Put it in a museum?

Watchu think?:jbhmm:
 

Nomadum

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Diamond so O-D I'd hire nikkas to help floss it with me
 
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Diamonds arent rare at all. The jews who own the industry only release a certain amount every year keeping the demand high. Its a hustle.

I HATE that this happens in Africa and only ruling families get any profit off it and the mine workers are basically slaves. UGGH its enraging how Africa is ruled by greed and no common sense.
 

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http://blog.priceonomics.com/post/45768546804/diamonds-are-bullshyt

Americans exchange diamond rings as part of the engagement process, because in 1938 De Beers decided that they would like us to. Prior to a stunningly successful marketing campaign 1938, Americans occasionally exchanged engagement rings, but wasn’t a pervasive occurrence. Not only is the demand for diamonds a marketing invention, but diamonds aren’t actually that rare. Only by carefully restricting the supply has De Beers kept the price of a diamond high.
 
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