In the midst of poverty and malnutrition, foreign company finds diamonds worth $2 billion in Botswana, Africa.

In the midst of poverty and malnutrition, foreign company finds diamonds worth $2 billion in Botswana, Africa.

Africa is increasingly recognized for its abundant natural resources, making it a region of significant interest for exploration and investment.

A recent article from the Botswana News Agency emphasizes an extraordinary find in Botswana, where a diamond weighing 2.492 carats has been discovered, with an estimated value of around $2 billion or higher.

This exceptional gemstone was found by the Canadian mining company Lucara at the Karowe diamond mine, and it is believed to be the second-largest diamond ever discovered, following the historic 3,106-carat Cullinan diamond unearthed in South Africa in 1905.

While Lucara has not provided a specific valuation or detailed assessment of the diamond’s quality, the company has referred to it as “one of the largest rough diamonds ever unearthed.”

This discovery not only underscores the geological wealth of the African continent but also highlights the ongoing potential for significant finds in the mining sector.

The diamond’s impressive size and value are likely to attract further attention from investors and industry experts alike, reinforcing Africa’s status as a key player in the global gemstone market.

It is important to highlight that the majority of young African men employed in gold / diamond mining receive minimal compensation, often insufficient for their survival, as demonstrated in the video below.

Video: HotDice3333

News Clip. BBP News.