World?s Third Largest Diamond Unearthed
This gemstone came at an opportune time in hopes to rile up the battered diamond industry.
The post World?s Third Largest Diamond Unearthed appeared first on LUXUO.
Image Credit: AFP/Getty Images
A 1,098ct diamond has been discovered in a mine in Botswana and is described to be the third largest of its kind in the world. The gemstone was unearthed as a joint venture between Debswana Diamond Company and Anglo American?s De Beer.
The diamond was presented to President Mokgweetsi Masisi on Wednesday by Debswana Diamond Company?s acting managing director Lynette Armstrong. It trails just behind the 3,106ct Cullinan stone recovered in South Africa in 1905 and the 1,109ct Lesedi La Rona unearthed by Lucara Diamonds in Botswana in 2015.Â
The stone measures 73mm long, 52mm wide and 27mm thick. Image Credit AFP/Getty Images
?This is the largest diamond to be recovered by Debswana in its history of over 50 years in operation,? Armstrong said. “From our preliminary analysis it could be the world’s third largest gem quality stone. We are yet to make a decision on whether to sell it through the De Beers channel or through the state owned Okavango Diamond Company.”
Measuring 73 by 52 by 27mm, the unnamed gemstone could not have come at a better time as the country battles with the effects of slumped diamond sales due to Covid-19. Production at Debswana, which has ties with the Botswanan government, fell by 29% in 2020 where only 16.6 million carats was mi...
The post World?s Third Largest Diamond Unearthed appeared first on LUXUO.
Image Credit: AFP/Getty Images
A 1,098ct diamond has been discovered in a mine in Botswana and is described to be the third largest of its kind in the world. The gemstone was unearthed as a joint venture between Debswana Diamond Company and Anglo American?s De Beer.
The diamond was presented to President Mokgweetsi Masisi on Wednesday by Debswana Diamond Company?s acting managing director Lynette Armstrong. It trails just behind the 3,106ct Cullinan stone recovered in South Africa in 1905 and the 1,109ct Lesedi La Rona unearthed by Lucara Diamonds in Botswana in 2015.Â
The stone measures 73mm long, 52mm wide and 27mm thick. Image Credit AFP/Getty Images
?This is the largest diamond to be recovered by Debswana in its history of over 50 years in operation,? Armstrong said. “From our preliminary analysis it could be the world’s third largest gem quality stone. We are yet to make a decision on whether to sell it through the De Beers channel or through the state owned Okavango Diamond Company.”
Measuring 73 by 52 by 27mm, the unnamed gemstone could not have come at a better time as the country battles with the effects of slumped diamond sales due to Covid-19. Production at Debswana, which has ties with the Botswanan government, fell by 29% in 2020 where only 16.6 million carats was mi...
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