Lesedi La Rona too big to sell

Friday, July 21, 2017

Lesedi la Rona is the second largest gem ever discovered but it is now likely to be cut after its sale failed

In the mysterious world of diamond mining, it turns out that some stones are too big to sell. Canada’s Lucara Diamond Corp will have to cut its tennis ball-sized rough diamond to find a buyer, industry insiders say, following Sotheby’s failed auction for the world’s largest uncut stone last summer.

It’s not the ending that William Lamb wanted for his 1,109-carat stone, named ‘Lesedi La Rona’, or ‘Our Light’ in the national language of Botswana where it was mined.

“It’s only the second stone recovered in the history of humanity over 1,000 carats. Why would you want to polish it?,” said Lucara’s chief executive.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Stand-out: Athletics has over the years been the leading code PIC: BNSC

Athletics likely to go solo at Olympics

Calistus Kolantsho | 1d ago

Amidst BFA fights, Sebego raises hand for presidency

Mqondisi Dube | 1d ago

Chiefs puzzled by docking of points

Boitumelo Khutsafalo | 1d ago

Fitness trainer, Zongwane breaks barriers

Calistus Kolantsho | 1d ago

Khawa dangles largest payout

Kabelo Boranabi | 1d ago

Ex-badminton official maintains innocence

Calistus Kolantsho | 1d ago

Kwa Nokeng Oil sponsors young biker with P120,000

Larona Makhaiza | 1d ago

Kwa Nokeng Oil sponsors young biker with P120,000

Larona Makhaiza | 1d ago

Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

The Monitor Editor | 15 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Lesedi La Rona too big to sell

Athletics likely to go solo at Olympics

Amidst BFA fights, Sebego raises hand for presidency

Chiefs puzzled by docking of points

Fitness trainer, Zongwane breaks barriers

Khawa dangles largest payout

Ex-badminton official maintains innocence

Kwa Nokeng Oil sponsors young biker with P120,000

Kwa Nokeng Oil sponsors young biker with P120,000

Routine child vaccination imperative