Lesotho Mine Unearths 108-Carat Rare Pink Diamond in One of the Largest Recoveries of Extraordinary Diamond

• A diamond mine in Lesotho has unearthed a large 108-carat rare pink diamond from the Kao Mine
• Storm Mountain Diamonds announced that the pink diamond is one of the most significant recoveries the coloured diamond ever made in the kingdom
• The diamond has not been named yet but is expected to fetch millions from the pink diamond market

LESOTHO - An extraordinarily large and rare diamond has been recovered from a mine in Lesotho.

Storm Mountain Diamonds, jointly owned by the Lesotho government and Namakwa Diamonds, announced the recovery of the 108.39-carat pink diamond from the Kao Mine.

The diamond is reportedly one of the largest pink diamonds ever recovered.

108-carat Lesotho pink diamond lauded as extraordinarily beautiful

The CEO of Storm Mountain Diamonds, Mohale Ralikariki, praised that diamond for its breathtaking beauty.

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Ralikariki said:

"Looking at it alone, it's absolutely beautiful."

According to SABC News, rare-coloured diamonds are considered the world's most attractive and extraordinary investments.

Lesotho pink diamond expected to fetch steep price

While Storm Mountain Diamonds have yet to name its latest discovery or share when and how it will be sold, the precious stone is expected to fetch millions from the pink diamond market.

National Jeweller reported that in 2022 a 11.15-carat pink diamond called Williamson Pink Star sold for a whopping R287.6 million ($57.7 million).

Social media users 108-carat pink diamond won't benefit Leshoto citizens

While the discovery is monumental, netizens don't believe the people of Lesotho will benefit from the unearthed diamond.

Below are some reactions:

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IrKing Kalache said:

"I doubt if the diamond will benefit the tiny kingdom."

Simbongile James claimed:

"It will be stored in some Swiss vault, if you know what I mean. The Basotho won't determine its value, someone else will."

Brian Thulani Bucsman WakwaMzimuni demanded:

"Keep it in Lesotho, don't sell it overseas."

Thandikhaya Ntombana added:

"A great jackpot for England."

Rare De Beers’ Cullinan blue diamond found in South Africa auctioned off for R911 million to unnamed buyer

In another story, Briefly News reported that a rare De Beers’ Cullinan blue diamond was auctioned off for an incredible R911 million in Sathabees, Hong Kong, on Wednesday, 27 April, to an unnamed buyer.

Blue diamonds are supposedly one of the rarest types and are found four-time levels deeper than where other diamonds are found.

The 15.1-carat diamond was unearthed at the Cullinan mine in South Africa last April, according to eNCA.

Source: Briefly News