$20 Million Diamond
Lucapa Diamond Company found the massive 404-carat diamond at its Lulo Diamond Project in Angola's Lunda Norte province, in the country's north-east.OK
It is the biggest diamond ever found in Angola.
Lucapa chairman Miles Kennedy said it was a huge achievement.
"When we first looked at the property, 3,000 square kilometres of untouched ground, 700 kilometres inland from the coast, you are talking about a very, very remote area," he said.
"The results today are a wonderful vindication of eight years of pretty hard work.