235-ct. Rough Diamond Found

by Nicole Weston (RSS feed)
May 2nd 2006 at 11:31AM

A 235-ct. diamond was discovered in a recently reopened mine in South Africa last month. The mine was closed 3 years ago after the firm running it declared bankruptcy. The rough diamond is octagonal in shape and reported to be of good quality, but its presence was astounding because the mine had averaged diamonds of 1.14-cts. in the past. A spokesman for the mine reportedly said "it is hard to set a value for the diamond because typical valuation measures fall away when diamonds reach a certain size."