top of page
Writer's pictureHowe Wei

World's Second-Largest Diamond Found in Botswana: A Gem Guru Singapore Update

In a groundbreaking discovery that has sent shockwaves through the global gem market, a colossal diamond weighing a staggering 2,492 carats has been unearthed in Botswana.


second largest diamonds in the world found in botswana 2024
Image credit to Lucara Diamonds

The Discovery of the Enormous Gemstone

A monumental discovery has been made in Botswana, where a massive 2,492-carat diamond has been unearthed at the Karowe Mine, approximately 500 kilometers (300 miles) north of the capital, Gaborone. This extraordinary find, which now holds the title of the largest diamond ever discovered in Botswana, was uncovered by Lucara Diamond Corp, a Canadian firm known for producing some of the world’s most exceptional diamonds.


This diamond, measuring 77mm x 55mm x 33mm, is a Type IIa diamond, indicating that it is almost entirely devoid of impurities, making it one of the most transparent and valuable gemstones ever found.


The Largest Discovery Since the Cullinan Diamond

This newly discovered gem is the second-largest diamond ever found globally, following only the legendary Cullinan diamond. The Cullinan, unearthed in South Africa in 1905, weighed an astonishing 3,106 carats and was later cut into nine major stones, many of which are now part of the British Crown Jewels. The discovery of the 2,492-carat diamond in Botswana marks a significant moment in the history of diamond mining, reinforcing Botswana's standing as a premier source of some of the most remarkable gemstones in the world.


The Karowe Mine: A Treasure Trove of Diamonds

The Karowe Mine, operated by Lucara Diamond Corp, has a storied history of producing large, high-quality diamonds. This mine has consistently been at the forefront of Botswana's diamond industry, contributing significantly to the nation's economy. The discovery of this enormous diamond further cements the Karowe Mine’s reputation as one of the world's leading sources of exceptional gems.


Botswana's government has acknowledged this find as the largest diamond ever discovered in the southern African nation, a statement that highlights the country's ongoing importance in the global diamond market. The diamond's discovery is expected to have a profound impact on Botswana’s economy, as the revenue from such rare gems plays a crucial role in the nation’s development.


The Future of the Diamond Market

The unearthing of such a massive diamond could have substantial implications for the global diamond market. Large diamonds, especially those of such high quality, are rare and often fetch exorbitant prices at auctions. The market is likely to see a surge in interest from collectors and investors, eager to acquire a piece of this exceptional gemstone.


Furthermore, the discovery could boost tourism in Botswana, as diamond enthusiasts from around the world may flock to the country to witness firsthand the origin of this remarkable find. The Karowe Mine, already famous for its diamond production, is likely to gain even more recognition as a site of historical significance.


Natural Diamonds vs. Lab-Grown Diamonds

Despite significant advancements in lab-grown diamond technology, natural diamonds continue to captivate with their unique history, rarity, and intrinsic value. Howe Wei, a GIA-certified gemologist in Singapore, puts it succinctly: "Ever wonder why natural diamonds are always mentioned, but not lab-grown ones? Can lab-grown diamonds ever be that big?" While lab-grown diamonds are becoming more refined and accessible, the timeless allure of natural diamonds seems to ensure their continued dominance in the world of luxury and fine jewelry.


Gem Guru Singapore is committed to keeping you informed on such remarkable discoveries, ensuring you stay connected with the fascinating world of gemstones.


 

Learn more about gemstone phenomena: Cat's Eye, Asterism in Gemstones, Color Changing Gemstones


65 views0 comments

Comments


bottom of page