But every now and again, a monster diamond is found, big enough to amaze the exhausted miners who find it, and when eventually cut into a diamond gemstone, these are grandiose enough to impress even the wealthiest of the world's royalty. Other noteble diamonds of Letšeng mine include the Lesotho Promise (603 carats), Letšeng Star (550 carats) and Lesotho Legacy (493 carats). 2 position, a 1,111-carat diamond called Lesedi La … 10. The previous holder of the No. Diamond is less stable than graphite, but the conversion rate from diamond to graphite is negligible at ambient conditions. It weighed in at 995.2 carats … Though Canada’s history as a diamond-producing nation is short, it is now the world’s third largest producer by value. Easily weighing in the hundreds or even thousands of carats, let's take a look at the 5 largest diamonds of all time. From individual miners cutting up rocks in search of the elusive gem, to the corporations that employ them, to the dealers that aggregate the diamonds, sort them, and ship them … VIDEO: LESOTHO LEGEND - the fifth largest diamond in the world. It was mined in Zaire in 1990, cut from a stone which was originally a whopping 777 carats. Diamonds are well-known for being the world’s most precious gemstones in the global jewelry market. The diamond produced here is priced at around USD 131 and the country is also one of the largest producers of Diamond in the southern part of Africa. Ownership of the largest diamond in the world. The biggest diamond ever found on Earth, known as the Cullinan diamond, weighed three thousand one hundred and six carats before it was cut, or about one and three-tenths pounds. It is of open pit construction and the area of it makes it the world's largest diamond mine. Apart from diamond, the country also has huge deposits of oil, copper and gold. Lucara is famously known to provide Lesedi La Rona, which is a … The diamond is currently owned by the De Beers Group and is valued at an estimated R2 billion. World’s largest diamond found On January 25, 1905, at the Premier Mine in Pretoria, South Africa, a 3,106-carat diamond is discovered during a … It went on display at the De Beers Millennium diamond collection in October 1999. Major diamond producing companies around the world have witnessed stable growth in their revenues, thanks to the demand for diamond jewelry, such as engagement rings, diamond necklaces, diamond earrings and diamond bracelets. Lucara Diamond Corp. said it recovered the stone from the Karowe mine in Botswana. Let’s see the top 10 largest diamonds in the world. They are the world’s largest producer and exporter of rough diamonds by volume. 4 - The Star of Sierra Leone. The mine is owned by Alrosa and operated by its Udachny mining and processing division.