ICYMI : It is the third-largest in the world, behind the 3,106 carat Cullinan stone recovered in South Africa in 1905 and the 1,109-carat Lesedi La Rona unearthed by Lucara Diamonds in Botswana in 2015. diamond botswana botswanadiamond
A 1,098 carat diamond believed to be the third largest gem-quality stone ever to be mined, has been discovered in Botswana , according to a joint venture between Anglo American's De Beers and the government.
"This is the largest diamond to be recovered by Debswana in its history of over 50 years in operation," Armstrong said."From our preliminary analysis it could be the world's third largest gem quality stone. We are yet to make a decision on whether to sell it through the De Beers channel or through the state owned Okavango Diamond Company," Armstrong said.
Minerals minister Lefoko Moagi said the discovery of the yet-to-be named stone, which measures 73mm long, 52mm wide and 27mm thick, could not have come at a better time after the Covid-19 pandemic hit diamond sales in 2020.The government receives as much as 80% of the income from Debswana's sales through dividends, royalties and taxes.
Production at Debswana fell 29% in 2020 to 16.6 million carats while sales fell 30% to $2.1 billion as the pandemic impacted both production and demand.In 2021, Debswana plans to increase output by as much as 38% to pre-pandemic levels of 23 million carats as the global diamond market recovers with the easing of travel restrictions and reopening of jewellers. headtopics.comRead more: IOL News »
LIVE UPDATES: #ProtectSouthAfrica – Call to unite, resist attempts to incite violence, create panic
The government has called on all South Africans to unite in creating a better future for all by resisting any attempts to incite violence, create panic or fuel divisions after days of looting and violence. The number of soldiers deployed in KZN and Gauteng has been pushed up to 25 000, and all SANDF reserve members were ordered to report to their units this morning.
Worthless rock, in the larger scheme of things, wouldn't you say London is coming
Botswana says found world's 'third largest' diamond Botswana n diamond firm Debswana said it had unearthed a 1,098-carat stone that it described as the third largest of its kind in the world. 🙆🏾♂️🙆🏾♂️🙆🏾♂️ It will be gone soon lol Not in Ladymith!? My people have found a giant one over there. This one in Botswana will surely be claimed by the Oppenheimers. They apparently own the diamonds in the Southern Africa. Thanks to Cecil Rhodes wars of thuggery and conquest.
Botswana unearths 'world's third largest diamond'A 1,098 carat diamond believed to be the third largest gem-quality stone ever to be mined, has been discovered in Botswana , according to a joint venture between Anglo American's De Beers and the government. So it's going to be flown out of Africa like the rest. Botswana mara,why must you involve those people.
Botswana unearths 'world's third largest diamond'A 1,098 carat diamond believed to be the third largest gem-quality stone ever to be mined, has been discovered in Botswana , according to a joint venture between Anglo American's De Beers and the government.
LALI STANDER: Superb Garrick Higgo one of those who made step up as amateurThree-time European Tour winner and PGA Tour champion is inside the world’s top 40
World Test Championship final: Three key areas | The CitizenIndia and New Zealand face off in the inaugural World Test Championship final at Southampton starting Friday. Couple of months ago I came across a recommendation about Jacobsongreg93 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation
PODCAST | Money makes the world go round: a broke ANC and a desperate, diamond-digging populaceThe team discusses the ANC's cash crunch and the politics of KZN's 'diamond rush'.