Natural Diamond Prices – September 2024
At PriceScope, we are dedicated to keeping you informed with timely updates on the diamond market. Our expert insights explore the economic and social factors influencing consumer behavior and the…
We are fascinated by diamonds and love to learn about their history and origin stories. Diamonds are mined and emerge from the earth in a rough state that might not look as impressive. Through the extraordinary skill of the people who cut and polish them, they become the sparkly sensations that we know and love.
A recent find was unearthed in Botswana from deep within the mines, using X ray technology to locate it. The current uncut weight is a staggering 2,492 ct!
Lucara Diamond Corp. has uncovered a colossal 2,492-carat “exceptional” rough diamond at its renowned Karowe mine in Botswana. This remarkable find, one of the largest rough diamonds ever discovered, was extracted from the mine’s high-value south lobe using advanced X-ray transmission technology (XRT). The technology, installed in 2017, allows for the recovery of giant stones without damage. The discovery surpasses Lucara’s previous finds, including the 1,758-carat Sewelô and 1,109-carat Lesedi La Rona. This reinforces the Karowe mine’s reputation for producing high-quality rough diamonds.
Each step ensures maximum beauty and value.
Image source: Whiteflash
Diamonds are billions of years old, formed deep within the Earth’s mantle under extreme pressure and heat. Most diamonds that reach the surface today were formed around 1 to 3.5 billion years ago. These ancient gemstones were brought closer to the Earth’s surface through volcanic activity, encased in kimberlite or lamproite pipes. The immense age of diamonds contributes to their mystique and enduring value, making them not only symbols of luxury but also geological time capsules.
Diamonds continue to capitvate us and intrigue us. They delight us, and we are always amazed with their transformation. The first image in the body of this post is from the Lucara Group, and it is their newest find. The entire process is amazing and to realize that at the end of the day we have our gorgeous bling. Let us know in the comments what YOU would do with a 2,492ct rough diamond!
Retail Diamond Prices Chart Updated Monthly.
At PriceScope, we are dedicated to keeping you informed with timely updates on the diamond market. Our expert insights explore the economic and social factors influencing consumer behavior and the…
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