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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.

adhata global limited (531286) quarterly results are out ✌️【Earnings】✌️ Precise stock market trend predictions with free real-time quotes for India, US, and European stocks. Whether you're looking for short-term gains or long-term growth, our expert advice ensures you make the best investment choices. William Lamb, president and CEO of Lucara, said in the release: “We are ecstatic about the recovery of this extraordinary 2,492 carat diamond.”

adhata global limited (531286) quarterly results are out ✌️【Earnings】✌️ Professional investment advisors provide up-to-the-minute market data, helping you analyze stock trends and select high-potential stocks. Achieve capital growth with well-researched strategies based on expert insights. 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.

adhata global limited (531286) quarterly results are out ✌️【Earnings】✌️ Free stock selection services backed by expert predictions. Our advanced analytics and real-time market data will help you stay ahead of the competition and make smart, profitable investment decisions. 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.

adhata global limited (531286) quarterly results are out ✌️【Earnings】✌️ Expert market predictions, real-time updates, and personalized investment advice designed to help you succeed. Seize the best investment opportunities in global stocks, metals, and energy markets. 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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