Posts by svanip

Russian 51 Carat Diamond D Colour VVS1 Purity

Flawless 51 Carat Diamond from Russia

The most expensive Russian diamond ever polished, called the Dynasty after the Romanov Imperial Court, didn’t sell at auction as predicted. Alrosa the owners said it didn’t receive a high enough offer for the 51.4-carat gem in a November 29th auction. The stone has the best triple excellence cutting quality, a characteristic Alrosa says that is shared by less than 1 percent of all gems ever cut. Other gems in the collection, sold at an average premium of 30 percent above the reserve prices.  Alrosa plans to hold a separate auction to sell the Dynasty. The auction is a rarity for the Russian miner, which specializes in mining diamonds, but…

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Massive Diamond Found in Botswana by Lucara Diamond

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 18, 2015) – Lucara Diamond Corp. (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC) (“Lucara” or the “Company”), the high quality diamond producer with assets in Botswana, is pleased to announce the recovery of a 1,111 carat gem quality, Type IIa diamond. Please see attached photos. The magnificent stone, which originated from the south lobe of Lucara’s Karowe Mine, is the world’s second largest gem quality diamond ever recovered and the largest ever to be recovered through a modern processing facility. The stone was recovered by the newly installed Large Diamond Recovery (“LDR”) XRT machines. The stone measures 65mm x 56mm x 40mm in size and is the largest ever…

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