Posted on 11/19/2015 9:01:52 AM PST by Red Badger
A picture from the Lucara Diamond Corporation of the 1,111 carat gem quality, Type IIa diamond ============================================================================================================================================
A 1,111 carat "high quality diamond" has been discovered at a mine in Botswana, said to be the biggest find in more than a century, according to the mine company.
The gem, only second in size to the Cullinan diamond which was unearthered in South Africa in 1905, was mined by Lucara Diamond Corp.
"The magnificent stone, which originated from the south lobe of Lucara's Karowe Mine, is the world second largest gem quality diamond ever recovered and largest ever to be recovered through a modern processing facility," the Stockholm listed company said a statement.
Shares in Lucara shot up 34 percent to 14.2 kronor in morning Thursday trading in Stockholm.
Botswana is the world's second biggest diamond producer, and Lucara said the gem was the largest ever to be recovered in the country.
"The significance of the recovery of a gem quality stone larger than 1,000 carats, the largest for more than a century....cannot be overstated," said William Lamb, the President and chief executive of Lucara.
The stone is yet to be evaluated, but commodities and mining analyst Kieron Hodgson, said it has "the potential to be one very expensive diamond."
"Valuation will depend on potential inclusions, how it would behave in cutting, optimal shape as well as final colour," he told AFP.
"All these things will need to be evaluated prior to bidding."
The 1,111 carat stone is the world's second largest gem quality diamond ever recovered
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The biggest diamond discovered is the 3,106-carat Cullinan, found near Pretoria in South Africa in 1905.
It was cut to form the Great Star of Africa and the Lesser Star of Africa, which are set in the Crown Jewels of Britain.
Lucara indicated on its website that the Karowe Mine had also this week turned up further finds—an 813 carat stone and a 374 carat stone, prompting Lamb to laud "an amazing week" for the company.
My..that would make a decent “dress up” ring IMO
If you have to bend over to see a diamond its too darn small.
Your great uncle didn’t get that from Tsar Alexander. I lent it to him to use for collateral in a poker game. Now I know what happened to it and I want it back please!
I’m wondering who will ultimately be wearing it? One of some Muslim billionaire’s wives...................
All of Tsar Alexander’s property is now the property of the Russian state. Putin says GIVE IT UP........................NOW....................
Oops, there was a typo in my original post. I meant to say that the stone was given to my great uncle by Thomas Alexander III, an eccentric American billionaire. Auto-correct changed that name to Tsar Alexander III.
So Vlad, call off your operatives. Nothing to see here.
A likely story........................8^)
I notice that the Arkansas diamond mine is not listed on the map..................
It's always in the last place you look...
I just saw that they have one listed in New York, upstate from NYC where I live. I'm assuming they mean the Herkimer Diamond Mine. Only Herkimer Diamonds aren't actual diamonds, they're quartz crystals! Still, I've always wanted to go there on one of my trips that way.
From the Herkimer Diamonds website...
What are Herkimer Diamonds?
Herkimer Diamonds are beautiful double-terminated quartz crystals found in Herkimer, New York. Incredibly, these phenomenal gemstones are close to five hundred million years old. The crystals are magnificent works of nature, found in the rock, having a diamond-like geometrical shape. Thus, the name recognition of "Herkimer Diamonds".
for those of us taht can't read fine print
All you folks who were wondering what to get me for Christmas, well...
Thanks! I couldn’t read much of it either without using the zoom.
Rare Diamond Reveals Earth's Interior is All Wet
By Becky Oskin, Senior Writer | March 12, 2014
A battered diamond that survived a trip from 'hell' confirms a long-held theory: Earth's mantle holds an ocean's worth of water.
"It's actually the confirmation that there is a very, very large amount of water that's trapped in a really distinct layer in the deep Earth," said Graham Pearson, lead study author and a geochemist at the University of Alberta in Canada. The findings were published today (March 12) in the journal Nature.
The worthless-looking diamond encloses a tiny piece of an olivine mineral called ringwoodite, and it's the first time the mineral has been found on Earth's surface in anything other than meteorites or laboratories. Ringwoodite only forms under extreme pressure, such as the crushing load about 320 miles deep in the mantle.
more at link...
http://www.livescience.com/44057-diamond-inclusions-mantle-water-earth.html
Reminds some of the ‘love story’ involving Burton/Taylor. Showering a loved one with the likes of that is an invitation to knock her out cold.
Not at all. She was a retired jeweler/designer and it was her wish. She didn’t want to be stuck in the ground where no one would really visit her. She designed the settings and the remainder of her ashes are divided into 2 of her favorite European crystal decanters - one for each of her houses, as per her wishes.
lifegem.com is one company
The reminder of the story was from the size of the diamond...not your personal story. Burton, at the time, bought for Liz one of the largest stones on the market and relaying that to what could happen seemed obvious. Yes, it is heard that one can make diamonds from loved ones (even pets) but .....!will halt with the remainder of the statement.) Ashes in a beautiful earn is also a way to display. And seldom stolen, often smoked, an alternative to wearing ‘bling’
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