The 2,492-carat stone is thought to be worth upwards of US$40 million.
GABORONE, Botswana - 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 Aug 22.
“We are ecstatic about the recovery of this extraordinary 2,492-carat diamond,” Lucara president William Lamb said, in the statement. “I’m told this is the largest diamond to be discovered in Botswana to date and the second in the world,” Mr Masisi said, congratulating the company on the find. “This is precious.”Botswana is one of the world’s largest producers of diamonds which are its main source of income, accounting for 30 per cent of GDP and 80 per cent of its exports, according to International Monetary Fund figures.
Lucara says it pays a royalty of 10 per cent of the gross sales value of diamonds produced from Karowe to the government, regardless of whether the diamond is sold rough or polished.
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