Wednesday, September 30, 2009

500-carat diamond discovered in South Africa.

last Thursday, the Petra Diamonds company found what is said to be the 19th-largest rough diamond ever mined. weighing in at 507.55 carats (101.5 grams) the white diamond was found in the historic Cullani Mine of South Africa, a site that has generated a quarter of the world's diamond trade. it is reported to be of particular high quality.

a smaller diamond was sold for $18.4 million last year.

unfortunately, i have a sinking feeling that South Africa will not benefit from any of the profits from the eventual sale of the new, currently unnamed diamond. also, it is sad that this find--though amazing--is getting more publicity than the horrendous state of violence and assault being perpetrated against countless South Africans.

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