Monday, February 15, 2016

$20 Million Diamond

(South Africa)
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.

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.

1 comment:

Wireless.Phil said...

Yes, its big and uncut. 1,111 carat stone

Photos: Second Largest Diamond Ever Found

The price of the diamond has not been set yet. That's because it is so large that it does not fit into conventional scanners used to evaluate a stone's potential worth.
Lamb said the company received one email offering $40 million, and some analysts have estimated it to be worth about $66 million.


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