Massive $20 million diamond unearthed in Africa
ANGOLA - An Australian mining company struck paydirt in Southern Africa as they uncovered a diamond worth more than $20 million.
The 404-carat diamond was mined at Lucapa Diamond Company’s Lulo Diamond project in Angola’s Lunda Norte province. It’s the biggest diamond ever found in the country.
Lucapa chairman Miles Kennedy said the “spectacular” white diamond is considered to be of excellent quality, and estimates it could be valued at more than $20 million.
"We're not used to valuing 400-carat diamonds, but if we look at other diamonds slightly less weight than this, you're looking in the order of $20 million,” Kennedy said.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Cluster of abandoned cars on Bluebonnet Boulevard
Interview: EBR Mayor asks locals to send in pictures of areas with...
Road conditions amid May 2021 flooding in EBR
Popular rapper, Boosie, speaks with WBRZ from BR airport as it becomes...
Flash flood watch in BR, surrounding areas issued until Wednesday afternoon
Catholic lacrosse feeling confident despite loss in state championship
Cole Kelley wins Walter Payton Award
LSU pitcher Matt Beck gets his moment at the plate
Brusly baseball needs extra innings to win regional series with Jennings.
Southern Athletic Director Roman Banks talks about coaching search