A miner has discovered the largest diamond of the year in the world. An expert says the rock could be worth up to $25,098,822 for the high quality.
An employee of Gem Diamonds Ltd. found the unusual 442-carat stone at its Letšeng mine in Lesotho, Africa.
Gem Diamonds is known for its consistent recovery of high-quality large diamonds, particularly at the Letšeng mine.
The company recovered an extraordinarily high quality 910-carat diamond in 2018, nicknamed the “Lestho Legend.”
Gem Diamonds CEO Clifford Elphick was elated by the discovery in a statement released Friday.
The discovery comes at a tough time for the diamond industry, which as a result of the pandemic has gone down globally.
Despite this, Gem Diamonds revealed a portion of the proceeds from the selling of the diamond would go to finance a community project with the Lesotho government.