Previously, a 2,492-carat diamond was found in Botswana in August 2024, which was labeled the second-largest diamond in the world. The largest diamond, known as the Cullinan Diamond, was discovered in South Africa in 1905 and weighs 3,016 carats. The Cullinan Diamond is now owned by the British royal family.
Botswana is famous for its large diamonds, and the mine is owned by a company called Lucara Diamond Corporation. The company's CEO, William Lamb, mentioned that the discovery of this new diamond proves the mining process is effective.
The value of the newly discovered diamond has not yet been disclosed, but last year, a slightly smaller diamond found by the same company sold for $13 million after being polished.