Rough diamond from Botswana sells for $53mn
September 26 2017 01:56 PM
A model displays the Lesedi La Rona diamond at Sotheby's in New York last year.


A rough diamond from Botswana, believed to be the biggest uncut diamond found in a century, has been bought by British company Graff Diamonds for $53mn, Graff announced on Tuesday.
The tennis-ball sized diamond was found at Lucara Karowe mine in north-central Botswana in 2015 and weighs 1,109 carats. It is named the Lesedi La Rona, meaning "our light" in Botswana's Tswana language.
"Our highly-skilled team of master craftsmen will draw on many years of experience of crafting the most important diamonds, working night and day to ensure that we do justice to this remarkable gift from Mother Nature," Graff said in a statement.
Botswana's diamond industry represents 80% of the southern African nation's export revenues.

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