What 2017 has in store for the world’s largest rough diamond

Ashley Davis

Vancouver B.C., Canada–The Lesedi la Rona, the world’s largest discovered diamond that’s still in rough form, likely will be offered for sale again in 2017.

The stone, which was found at Lucara Diamond Corp.’s Karowe Mine in Botswana in late 2015, currently is “undergoing detailed analysis to better understand the polished outcome,” Lucara CEO William Lamb said.

Last June, Lucara made the unorthodox move of trying to sell the Lesedi la Rona in a public auction.

The gamble didn’t pay off.

The 1,109-carat diamond failed to meet its reserve price at Sotheby’s London.

Now, Lucara is waiting on the diamond’s evaluation, which will be finished during the first quarter of 2017, to “determine the next steps in terms of the sale of the diamond,” Lamb told National Jeweler.

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Source National Jeweler