A mining company found a 400-carat diamond and now its shares are going wild
16 February 2016, 04:45
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An Australian mining company has just announced the discovery of an enormous 400-carat diamond, and its shares are going wild. The find – the biggest diamond ever unearthed in Angola – was announced by the Perth-based Lucapa Diamond Company. A short time ago, the company’s shares were up 32% to $0.425. The gem is 404.2 carats, or about 80 grams, in weight and is the fourth 100+ carat diamond recovered from the Lulo diamond project in Angola’s Lunda Norte province. The diamond is the 27th biggest.....
