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Massive $14 million diamond found in southern Africa

Luke Skywalker

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A photo supplied by the Lucapa Diamond Company of a diamond found in Angola.(Photo: Lucapa Diamond Company)

An Australian company unearthed a massive 404-carat diamond in Angola valued at as much as $14<span style="color: Red;">*</span>million, according to ABC.
"We're not used to valuing 400-carat diamonds," Lucapa chairman Miles Kennedy told ABC.
The Lucapa Diamond Company, based in Perth, said it discovered the diamond in its Lulo mine about 300 miles east of Angola's capital,<span style="color: Red;">*</span>Luanda.
The company claimed the diamond was the largest<span style="color: Red;">*</span>found on record<span style="color: Red;">*</span>in the southern African nation<span style="color: Red;">*</span>as well as the biggest diamond found by an Australian miner.
Angola is the fourth largest diamond-producing nation<span style="color: Red;">*</span>by value, Lucapa said.
A photograph of the diamond<span style="color: Red;">*</span>supplied by the company shows it measuring at about 7 centimeters, or 2.75 inches.
The Sydney Morning Herald noted that this diamond's debut comes months after another company found a 1,111-carat stone in Botswana, second only to a 3,106-carat diamond found in South Africa in 1905.

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