An illuminating discovery was unearthed only weeks ago in Angola, Africa, unexpectedly escalating the shares of the company responsible by 29 percent. Lucapa Diamonds, an Australian-based mining company, was already in the public eye following the recent discovery of three other diamonds over 100 carats from their Lulo mine in recent history.
The uncovering of a diamond of spectacular proportion, however, broke all of these records: a 404.2-carat behemoth of a diamond was found, sporting a top-tier D-color and Type IIA. The stone itself measures about seven centimeters in length, which would be comparable to wearing a diamond ring the size of your finger itself.
While the final fate of the gem is unknown, it caused a stir at market when the stone sold for $22 million Australian dollars, or roughly $16 million in the US. That’s quite a bit of change, with an estimated $55,585 per carat!
This stone is currently measured as the 27th largest recorded diamond in history, following such illustrious diamonds as the Cullinan diamond found in South Africa in 1905…And if rare stones such as these are your fascination, there are many minerals far more rare than diamonds! Keep an eye on the blog in the coming weeks to possibly read about them in a future story.
