Current:Home > StocksSurpassing Quant Think Tank Center|The biggest diamond in over a century is found in Botswana — a whopping 2,492 carats -VisionFunds
Surpassing Quant Think Tank Center|The biggest diamond in over a century is found in Botswana — a whopping 2,492 carats
Poinbank Exchange View
Date:2025-04-06 13:27:26
GABORONE,Surpassing Quant Think Tank Center Botswana (AP) — The largest diamond found in more than a century has been unearthed at a mine in Botswana, and the country’s president showed off the fist-sized stone to the world at a viewing ceremony Thursday.
The Botswana government says the huge 2,492-carat diamond is the second-biggest ever discovered in a mine. It’s the biggest diamond found since 1905.
The as-yet-unnamed diamond was presented to the world at the office of Botswana President Mokgweetsi Masisi. It weighs approximately half a kilogram and Masisi was one of the first to get to hold it.
“It is overwhelming,” Masisi said. “I am lucky to have seen it in my time.” He gasped and said “wow” before calling senior government officials over to take a closer look.
Officials said it was too early to value the stone or decide how it would be sold. Another smaller diamond from the same mine in Botswana was sold for $63 million in 2016, a record for a rough gem.
“This is history in the making,” said Naseem Lahri, Botswana managing director for Lucara Diamond Corp., the Canadian mining company that found the diamond. “I am very proud. It is a product of Botswana.”
Lucara said in a statement Wednesday that it recovered the “exceptional” rough diamond from its Karowe Mine in central Botswana. Lucara said it was a “high-quality” stone and was found intact. It was located using X-ray technology designed to find large, high-value diamonds.
“We are ecstatic about the recovery of this extraordinary 2,492-carat diamond,” Lucara President and CEO William Lamb said in a statement.
The weight would make it the largest diamond found in 119 years and the second-largest ever dug out of a mine after the Cullinan Diamond that was discovered in South Africa in 1905. The famous Cullinan was 3,106 carats and was cut into gems, some of which form part of the British Crown Jewels.
A bigger, less pure black diamond was discovered in Brazil in the late 1800s, but it was found above ground and was believed to have been part of a meteorite.
Botswana, a country of 2.6 million people in southern Africa, is the second-biggest producer of natural diamonds behind Russia and has unearthed all of the world’s biggest stones in recent years. The Karowe Mine has produced four other diamonds over 1,000 carats in the last decade.
Before this discovery, the Sewelo diamond, which was found at the Karowe Mine in 2019, was recognized as the second-biggest mined diamond in the world at 1,758 carats. It was bought by French fashion house Louis Vuitton for an undisclosed amount.
The 1,111-carat Lesedi La Rona diamond, also from Botswana’s Karowe Mine, was bought by a British jeweler for $53 million in 2017. Another diamond from Karowe, The Constellation, was sold for the record $63 million.
Diamonds are formed when carbon atoms are squeezed together under high pressure deep underground. Scientists say most diamonds are at least a billion years old and some of them more than 3 billion years old.
___
AP Africa news: https://apnews.com/hub/africa
veryGood! (3)
Related
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Katie Meyer's family 'extremely disappointed' Stanford didn't honor ex-goalie last week
- Harris, Trump shift plans after Hurricane Helene’s destruction
- Buffalo’s longest-serving mayor is leaving City Hall for a betting agency
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- 2 ex-officers did not testify at their trial in Tyre Nichols’ death. 1 still could
- Braves host Mets in doubleheader to determine last two NL playoff teams
- 'I hate Las Vegas': Green Day canceled on at least 2 radio stations after trash talk
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- How bad is Tesla's full self driving feature, actually? Third-party testing bodes ill
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Jimmy Carter and hometown of Plains celebrate the 39th president’s 100th birthday
- MLB power rankings: Los Angeles Dodgers take scenic route to No. 1 spot before playoffs
- Julianne Hough Claps Back at Critics Who Told Her to Eat a Cheeseburger After Sharing Bikini Video
- Senate begins final push to expand Social Security benefits for millions of people
- Cardi B Details Getting Another Round of Her Butt Injections Removed
- Seminole Hard Rock Tampa evacuated twice after suspicious devices found at the casino
- Criminals set up fake online pharmacies to sell deadly counterfeit pills, prosecutors say
Recommendation
Taylor Swift makes surprise visit to Kansas City children’s hospital
Starliner astronauts welcome Crew-9 team, and their ride home, to the space station
NFL Week 4 winners, losers: Steelers, Eagles pay for stumbles
Biden says Olympians represented ‘the very best of America’
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Buffalo’s longest-serving mayor is leaving City Hall for a betting agency
Chiefs WR trade options: Could Rashee Rice's injury prompt look at replacements?
Kylie Jenner's Secret Use for Nipple Cream Is the Ultimate Mom Hack