The world is really more than what we can only see.
Just in this week, a nearly tennis ball sized diamond was discovered in Botswana, which has just turned out to be the world's second largest diamond with gem quality of 1,111-carat, reports say.
The diamond was discovered at the Karowe Mine located in Botswana, as confirmed by the Lucara Diamond Corp., a company based in Vancouver that operates and owns the mine site.
Reports say that the big stone was among the huge white diamonds found in Karowe. Aside from the thousand-carat diamond, the cache also included a 374-carat gem and 813-carat stone, which the company describes as the sixth largest in the world.
"I am truly a loss for words. We are truly blessed by this amazing asset." Lucara Chief Executive William Lamb.
Following the reports, Lucara's shares have increased up to 28 percent in Toronto on Thursday, November 19, adding that the value of the 1,111-carat diamond could run up to tens of million dollars.
Mr. Swinfen, a former diamond-mining geologist, said that the diamond could sell out in between $40 to $60 million or even higher if based on the latest sales of the large stones that Lucara discovered.
Just this April, Lucara discovered a 342-carat diamond and its total value amounted to $20.55, which is equal to the computation of $60,087 per carat.
The world's largest diamond was a 3,106-carat Cullinan stone discovered in South Africa back in the year 1905. The large stone was reportedly divided into various large polished gems, adding that two of these gems were named as the Great Star of Africa and the Lesser Star of Africa, which are currently placed in the Britain's crown jewels.
The place of Botswana and its nearby countries South Africa and Namibia, are among the biggest mine diamond producers in the world.
As Lamb said, "This historic diamond recovery puts Lucara and the Karowe mind amongst a select number of truly exceptional diamond producers."
