Botswana News

The third largest diamond in the world can be found in Africa

the Producing company Diamond, Debswana, they extracted a Precious stones Which, according to them, could be the third largest in the world since then A thousand 98 carats.

This was found in BotswanaSouth Africa, an area characterized by the continuous discovery of this type of stone: only in 2015, the second Diamond The largest in the world Lady La Rona, of 1110 carats.

Botswana President Mokgoetsi Masisi received the stone from Lynette Armstrong, Acting Managing Director of Debswana Diamond Company. We tell you more about the third largest potential diamond in the world.

African diamond properties

The Minister of Minerals of Botswana, Lefoko Moagi, stated that the discovery of this precious commodity could not have come at a better time: in 2020, due to the COVID-19 pandemic, the sale of diamonds has decreased significantly. This device measures 73 mm in length, 52 in width, and 27 in thickness.

“Based on our preliminary analysis, it could be the third largest gem-quality stone in the world. It has not yet been decided to sell it through De Beers or through the state-owned Okavango Diamond Company.” Lynette Armstrong added.

The Botswana government receives 80% of Debswana sales revenue through dividends, royalties and taxes.

The Botswana diamond company’s production fell 29% in 2020 to 16.6 million carats, while sales fell 30% to $ 2.1 billion, as the pandemic affected production and demand for precious stones.

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button