Archive for April 24th, 2008

The world’s biggest diamond, believed to be twice the size of the Cullinan, has been discovered in the North-West Province of South Africa. The find has electrified the diamond community!!!

The Rock is expected to attract furious bidding from buyers worldwide and could fetch up to £15m.

A spokesman for the mining house which made the find, Brett Joli, said the diamond was being rushed to a bank vault in Johannesburg and would be kept there for a couple of weeks “until we calm down and decide what we are going to do”. A security company was being hired to protect the precious stone

The South Africa Broadcasting Corporation said the stone was said to be twice the size of the Cullinan diamond.

Fred Cuellar, the founder of Diamond Cutters International and author of How to Buy a Diamond, said he first heard about the find a few days ago. “I get a phone call when any rare stone around the world is found and when I heard about this one it was stunning news”.

Mr Cuellar said the most important information about the latest find was yet to be forthcoming, including whether it is colourless. “The reported size of the stone is accurate, but there are all these other factors we still don’t know and what matters now is how wide, how clear and how well cut it will be.

The Cullinan, also known as the Star of Africa, was thought by some to be part of a larger stone which still lies somewhere undiscovered.

Wow how exciting!!! :-)