CEO Magazine North America - - IN DEPTH — LUCARA DIAMOND -

In 2017, Lu­cara Di­a­mond Cor­po­ra­tion sold the Lesedi La Rona di­a­mond, the sec­ond-largest gem-qual­ity di­a­mond ever dis­cov­ered, to Lon­don-based jeweler Lau­rence Graff for $53 mil­lion. The 1,109-carat gem, which is just smaller than a ten­nis ball, was dis­cov­ered at the Karowe mine in Botswana in 2015. Ac­cord­ing to For­tune mag­a­zine, the stone is the largest gem-qual­ity rough di­a­mond to have been found this cen­tury, with the largest ever found be­ing the 3,107-carat Cul­li­nan Di­a­mond, which was dis­cov­ered in 1905 in South Africa. Lesedi La Rona means “our light” in the lo­cal Botswana lan­guage. “Our highly skilled team of master crafts­men will draw on many years of ex­pe­ri­ence of craft­ing the most im­por­tant di­a­monds, work­ing night and day to en­sure that we do jus­tice to this re­mark­able gift from Mother Na­ture,” buyer Lau­rence Graff said in a pub­lic state­ment fol­low­ing the pur­chase. “The stone will tell us its story, it will dic­tate how it wants to be cut, and we will take the ut­most care to re­spect its ex­cep­tional prop­er­ties.”

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