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why is punj lloyd limited (532693) falling ✌️【Market Analyst】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital. A massive 2,492-carat roughdiamond, believed to be the second biggest ever found, has been unearthed inBotswana, according to aminingcompany.
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Canadian mining companyLucara Diamond Corp.announced Thursday that the “exceptional” gem was found intact in its Karowe mine.
Calling it a “remarkable” find, the company celebrated it as “one of the largest rough diamonds ever unearthed.”
It was detected, unearthed and recovered thanks to the company’s Mega Diamond Recovery (MDR) X-ray Transmission (XRT) technology, which is designed to “identify and preserve large, high-value diamonds,” the company said in a press release.
why is punj lloyd limited (532693) falling ✌️【Market Analyst】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. William Lamb, president and CEO of Lucara, said in the release: “We are ecstatic about the recovery of this extraordinary 2,492 carat diamond.”
why is punj lloyd limited (532693) falling ✌️【Market Analyst】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. Rough diamonds are usually classified as being gem-quality, near-gem or industrial-quality, depending on their color, clarity, size and shape.
Prior to the latest announcement, the second largest discovery was thought to be the Lesedi La Rona, a 1,109-carat stone also found by Lucara at the Karowe mine in 2015. The diamond was sold to luxury jeweler Grafffor $53 milliontwo years later.
why is punj lloyd limited (532693) falling ✌️【Market Analyst】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. The diamond is due to be presented to Botswana’s President Mokgweetsi Masisi on Thursday, according to Reuters.
Last month, Botswana, the world’s biggest diamond producer by value, proposed a law to request that, once they are granted licenses, mining companies sell a 24% stake in mines to local investors unless the government exercises its option to acquire the shareholding, according to Reuters.
why is punj lloyd limited (532693) falling ✌️【Market Analyst】✌️ Expert predictions with real-time stock, futures, and metals, energy data to help you quickly recover and grow. The record-breaking 3,106-carat Cullinan Diamond was found in 1905 at the Premier mine in Transvaal, now South Africa. It was subsequently cut into smaller stones, some of which form part of the British royal family’s crown jewels.
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