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552-carat yellow diamond found in Canada, largest ever in North America




Just in time before sending the list to Santa, miners in Canada's best range announced that they found a rough 552 carat yellow diamond, the largest diamond discovered in North America and the seventh largest diamond ever found.

The diamond about the size of a chicken egg – was discovered in October in Canada's northwest areas – in Diavik – located about 135 miles from the polar circle, Mining.com reported.

To put the findings in perspective was the largest diamond found at Diavik in 2015 and two billion years old. Mining.com reported that South Africa has the title of the largest diamond found: a 3,106 Cullinan, found in 1905.

The Rio Tinto Group and Dominion Diamond Mine found the diamond that will be given to a partner to cut and brush. Forbes reported that it is unclear how much the diamond will eventually pick up. The report pointed out that a 36.80 karat diamond was recently sold at Christie's auction house for 1.3 million dollars.

"We can notice that bright yellow, but because of its rough nature and wear received through the processing plant, that's all we can comment on," said Shane Durgin, CEO of Dominion, to Bloomberg. "It's very hard to give a ballpark estimate. It all depends on, again, the cutting and the resulting stone it ends. "



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