9 February 2016

Botswana: Largest Diamond Found in 100 Years Named 'Our Light'

Photo: Lucara
The Lucara diamond, measuring 1,111 carats, is the second-largest high-quality diamond ever discovered on Earth.

The 1 111 carat diamond discovered in Botswana has officially been named "Lesedi La Rona", which means "our light" in Setswana.

This is the largest diamond to be discovered in 100 years and is second in size only to the Cullinan diamond in the British Crown jewels.

The company that found the diamond - Lucara Diamond Corporation - held a naming ceremony at the Investing in African Mining Indaba on Tuesday.

The diamond will go on a road show under tight security, and it will likely be sold by mid-year. Lucara won't polish or cut the diamond before selling it.

The naming of the diamond comes after a naming competition in which 11 000 email entries and 1 000 SMSs were submitted.

The winner of the competition, Thembani Moitlhobogi, will win 25 000 pula (about R35 600). He said in his entry that the diamond is the pride and hope of Botswana and is a part of its heritage.

The diamond is a type IIa, which makes up 1.8% of gem diamonds, according to Wikipedia. "These diamonds are almost or entirely devoid of impurities, and consequently are usually colourless and have the highest thermal conductivity."

Many large famous diamonds are type IIa, like the Cullinan and the Koh-i-Noor.

The company's focus on mining the south lobe was perfectly timed with the commissioning of their recent plant modifications, enabling the recovery of these large, high quality exceptional diamonds, said Lucara CEO William Lamb.

The Vancouver-based company's assets include the Karowe Mine in Botswana, two Precious Stone Exploration Licenses in Botswana and the Mothae Project in Lesotho.

The 100% owned Karowe Mine is in production, while the 75% owned Mothae Project is currently being divested.

Source: Fin24

More on This

Lucara Recovers Second Largest Diamond Ever

The Lucara Diamond Corporation, a diamond producer with assets in Botswana, said earlier this week that it made an… Read more »

Copyright © 2016 News24Wire. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 900 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.