• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, December 5, 2025
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

World’s second largest diamond found in Botswana

August 23, 2024
in Uncategorized
World's second largest diamond found in Botswana
Share on FacebookShare on TwitterWhatsapp




A massive 2,492-carat diamond — the second largest in the world — has been discovered in Botswana, the Canadian mining company that found the stone announced on Thursday.
The diamond was discovered in the Karowe Diamond Mine in northeastern Botswana using x-ray detection technology, Lucara Diamond Corp. said in a statement.
Lucara did not give a value for the find or mention its quality. But in terms of carats, the stone is second only to the 3,016-carat Cullinan Diamond discovered in South Africa in 1905.
“We are ecstatic about the recovery of this extraordinary 2,492-carat diamond,” Lucara president William Lamb said in the statement.
Pictures released by the company show the diamond is as large as the palm of a hand.
This find was “one of the largest rough diamonds ever unearthed” and was detected using the company’s Mega Diamond Recovery X-ray technology installed in 2017 to identify and preserve large, high-value diamonds, the statement said.
Botswana’s President Mokgweetsi Masisi was due to view the massive stone later Thursday. His government said it was the second biggest in the world.
Tobias Kormind, managing director of Europe’s largest online diamond jeweller, 77 Diamonds, confirmed it was the largest rough diamond to be unearthed since the Cullinan Diamond, parts of which adorn Britain’s crown jewels.
“This discovery is largely thanks to newer technology that allows larger diamonds to be extracted from the ground without breaking into pieces. So we will likely see more where this came from,” he said.
Botswana is one of the world’s largest producers of diamonds, its main source of income, accounting for 30 percent of GDP and 80 percent of its exports.
Before the find was announced on Thursday, the largest diamond discovered in Botswana was a 1,758-carat stone mined by Lucara at the Karowe mine in 2019 and named Sewelo.
Lucara found a 1,174-carat diamond stone in Botswana in 2021 using the same x-ray technology.
 
 
 
 

Tags: BotswanaDiamonddubainewsdubainewstveveryonefollowers
Share15Tweet10Send
Previous Post

Palestinians plan UN resolution enshrining court demand for Israel to end occupation with time frame

Next Post

Bidding for Islamabad Airport outsourcing: Date of submissions extended – Business & Finance

Related Posts

Pak-Qatar Family Takaful aims to raise over Rs1bn via IPO next week
Business & Finance

Pak-Qatar Family Takaful aims to raise over Rs1bn via IPO next week

December 5, 2025
Wall St futures steady ahead of key inflation report
Markets

Wall St futures steady ahead of key inflation report

December 5, 2025
Pakistan’s OGDC ramps up unconventional gas plans
Business & Finance

Pakistan’s OGDC ramps up unconventional gas plans

December 5, 2025
‘Who do you think you are?’: DG ISPR lashes out at Imran’s ‘anti-army rhetoric’
Pakistan

‘Who do you think you are?’: DG ISPR lashes out at Imran Khan’s ‘anti-army rhetoric’

December 5, 2025
No More Brooms? Punjab Replaces Traditional Brooms with Evs and Mechanical Sweepers
Pakistan

No More Brooms? Punjab Replaces Traditional Brooms with Evs and Mechanical Sweepers

December 5, 2025
Copper hits record high, heads for weekly jump after Citi lifts outlook
Markets

Copper hits record high, heads for weekly jump after Citi lifts outlook

December 5, 2025

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    126 shares
    Share 50 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    54 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    47 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    47 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.