Why people are linking Queen Elizabeth to Botswana's new diamond

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Latest Bostwana Diamond not pictured.
Latest Bostwana Diamond not pictured.
Olivier Polet - Corbis / Contributor

Diamonds are a girl's best friend, always.

And if the diamond is as big as the 1,098 carat diamond found in Botswana, then it might just be fit for royalty.

Or so South Africans believe. After the discovery of the diamond, which is likely to recorded as the third largest such gemstone ever discovered, they've sent out a warning on social media for it to be fiercely guarded, just in case the royals want it. 

It's the third biggest after the Cullinan Diamond found outside Pretoria in 1905 and the Lesedi La Rona, found in Botswana in 2015.

Because this latest find has not been certified yet, it has not been named yet.

The Cullinan was cut into nine large stones, and 97 "small brilliants", which form part of the British crown jewels. 

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The rough Lesedi La Rona sold for $53million or just under $48 000 per carat in 2017, which suggests the new stone could be worth in the region of R740 million. 

South Africans have taken to social media, saying the Queen might already have her eye on the new stone.

It is about the size of a child’s fist and was found on June 1. Botswana diamond firm Debswana says this is the biggest stone of gem quality to be found in its history.

Debswana Managing Director Lynette Armstrong says it is believed to be the third-largest gem-quality find in the world.

“It brings hope to the nation that is struggling.”

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Botswana is Africa’s leading diamond producer.

Minerals Minister Lefoko Moagi said the discovery of the stone could not have come at a better time after the Covid-19 pandemic hit diamond sales in 2020.

The government receives as much as 80 percent of the income from Debswana’s sales through dividends, royalties and taxes.

Sources: aljezeera.com and businessinsider.co.za

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