It is the fifth largest diamond in history.
One of the biggest diamonds in history, weighing 910 carats, was discovered in the mountain Kingdom of Lesotho in southern Africa. About it reports Bloomberg.
Reportedly, a diamond the size of two Golf ball was found at the Letseng mine company Gem Diamonds Ltd. Jewel was the fifth-largest stone ever found. He has a type D color type IIa diamond, which means he has very few nitrogen atoms or absent, and is one of the most expensive stones. The Letseng mine is known for the size and quality of diamonds that it produces, and has the highest average sale price in the world. Gem sold the 357-carat stone for $ 19.3 million in 2015, and in 2006 found 603-carat “Lesotho Promise”.
“This exceptional high-quality diamond is the largest that has been mined to date, and emphasizes unsurpassed quality Letseng mine,” – said in his statement, the chief Executive officer Clifford elfic.
The company has not yet decided whether it will sell the diamond and its cost. Its value will be determined by the size and quality of polished stones that can be cut from it. In the past year, Lucara Diamond Corp. sold the diamond in 1,109 carats for $ 53 million, but received a record $ 63 million for the smaller stone with a diameter of 813 carats, which was discovered at the same time in 2015.
“Diamond pricing is extremely variable and depends on many factors,” said Ben Davis, an analyst at Liberum Capital Markets. But if we assume that in diamond there are no large inclusions, we initially estimated the sale of 40 million.”
Last week, Gem announced that it has discovered a 117-carat and 110-carat stones. This will be another incentive for the company, which fell to a record low last year after the stones fell, and she was forced to close the new mine in Botswana. Gem income increased by 18%, the biggest intraday income in 2010, and was trading at 93 pence by 9:06 a.m. in London.
Three major discoveries will increase investor confidence that the company will overcome the lack of large stones and will be able to recover the big diamonds, not breaking them. In 2017, the company discovered at least seven stones over 100 carats.
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The largest discovered diamond is the 3 106-carat “Cullinan”, found near Pretoria in South Africa in 1905. It was cut on “the Great Star of Africa” and “little Star of Africa”, which is set in the jewels of Her Majesty the Queen of Britain. 1 109-carat “Lucara Ledidi La Rona” is the second largest, with the 995-carat Excelsior and 969 carat “Star of Sierra Leone” the third and fourth largest.