Hello Gemmies! Mining company, Lucara Diamond Corp has found a home for its 1000+ carat diamond. The company recently announced it will partner with Louis Vuitton and diamond manufacturer HB Company to cut the rough and turn it into jewelry.
The 1.758 carat diamond, named Sewelo, was found in the Karowe Mine in Botswana last April. Sewelo means rare find in Setswana. The Sewelo has a darker color like an industrial diamond, and has been categorized as near gem quality. Even with the lower grade categorization, It should yield several higher quality white diamonds.
HB Company will work with Lucara and Louis Vuitton to plan, cut, and polish the diamond. Although Lucara will receive an undisclosed amount of money for the rough, it will also retain 50% interest in the polished diamonds.
I find the rough diamond beautiful on its own. It reminds me of a pice of rough moldavite. I can't wait to see what gorgeous jewelry Louis Vuitton will design from it. I have high hopes for at least one killer statement ring! What jewelry pieces are you looking forward to seeing? Let me know what you think by leaving a comment below. Happy Reading!