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Second Largest Diamond In The World Found In Africa. With 2,492 Carats, The Gem Is The Most Important Discovery In 120 Years. Understand The Process And What Will Be The Destination After The Discovery.
A historic discovery in the world of gemstones was announced this week by the Canadian mining company Lucara: one of the largest diamonds in the world, weighing an impressive 2,492 carats, was found in a mine in Botswana. The jewel was unearthed at the Karowe mine, located in the northeast of the country, which is already known for its rich diamond production and is one of the main extraction points in Africa. This find puts Lucara in the spotlight globally, as the diamond discovered is the second largest in the world, solidifying Botswana’s position as one of the largest producers of high-quality diamonds.
The revelation of this priceless stone reinforces the importance of Karowe and further places the country on the map as one of the leaders in global diamond production.
The Technology Used To Find The Largest Diamond In The World
The technology of the Canadian company allows for the extraction of larger gemstones from the ground without breaking them into pieces, according to Kormind. It is likely, therefore, that other stones will be found. With 2.6 million inhabitants, Botswana is one of the largest global diamond producers, its main source of resources, accounting for 30% of GDP and 80% of exports.
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In a statement, Lucara claims that the resources provide Botswana with “considerable socioeconomic benefits”, such as the ability to finance “essential sectors like education and health”, as well as the infrastructure sector.
Before the discovery announced this Thursday, the largest diamond found in Botswana was a 1,758-carat stone, also extracted by Lucara in 2019 and named Sewelo. The largest diamond in the world, the size of a tennis ball, was acquired by Louis Vuitton, the flagship brand of luxury giant LVMH.
The sale price was not disclosed. Lucara stated that it had previously found a 1,174-carat diamond in Botswana in 2021, using the same X-ray technology employed this week.
How Does It Work In Practice?
The company has revolutionized the mining industry with the implementation of Multi-Density Radiometric (MDR) X-ray technology. This advanced technology is used to scan and detect diamonds in large volumes of ore, a crucial process in the operations of the Karowe mine in Botswana. Unlike traditional extraction methods, which rely on mechanical processes that can damage gemstones, the MDR system uses X-rays to identify and separate diamonds without physical contact.
The MDR technology works by detecting the specific densities of diamonds, which are distinct compared to the rest of the mining material. By passing the ore through the X-ray scanner, the machine can accurately and efficiently identify diamonds, regardless of the size or shape of the stone. When a diamond is detected, it is automatically separated for further processing, thus reducing the risk of loss or damage to the gemstones.
This innovative method not only increases mining efficiency, but also ensures that even the rarest and most valuable diamonds, like the recently discovered 2,492-carat diamond, are extracted in perfect condition.
The MDR technology is a brilliant example of how innovation can transform mining, making it safer, more precise, and more profitable. Additionally, it positions Lucara at the forefront of diamond mining technology, highlighting its role as a leader in the global industry.
Discovery Of One Of The Largest Gemstones In The World Is The Most Important In 120 Years
In carats, the second largest diamond in the world is not far from the largest known diamond in the world, the Cullinan, which weighed over 3,100 carats, found in South Africa in 1905.
According to the CEO of Lucara, William Lamb, the company is ecstatic about recovering this extraordinary 2,492-carat diamond. The miner has not yet provided the press with the value of the stone or its quality. Hours later, the company held an event attended by the country’s president, Mokgweetsi Masisi.
For Tobias Kormind, managing director of 77 Diamonds, Europe’s largest online jewelry store, the historic discovery of this second largest diamond in the world is the most important in 120 years and this is exciting.
According to Kormind, this large, partially translucent stone is the largest rough diamond found since the discovery of the Cullinan diamond, which was carved into several pieces, most of which are embedded in the jewels of the British crown.
The discovery of the second largest diamond in the world in Africa is largely due to recent X-ray detection technology developed by Lucara and used since 2017.
Other Diamonds Found In Africa
A 1,109-carat diamond, discovered in the same mine in 2016, was bought for US$ 53 million, equivalent to about R$ 300 million in current values, by London jeweler Laurence Graff, chairman of Graff Diamonds, in 2017. Botswana, a country in Africa, is one of the leading producers of diamonds in the world, contributing about 20% of global production.
The discovery of this colossal diamond further reinforces the country’s position in the global diamond industry. While Lucara Diamond continues to operate and fully own the Karowe mine, the government of Botswana is considering a law that would require companies with mining licenses to sell a 24% stake to local companies if the government does not exercise its option to become a shareholder.
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