Russia Co. Extracts 301.55-Carat Diamond
Posted on: Wednesday, 6 August 2003, 06:00 CDT
MOSCOW (AP) -- Russia's diamond mining company Alrosa announced Wednesday that it has extracted a giant 301.55 carat diamond - the third heaviest jewelry quality diamond to have been mined in the history of Russia and the former Soviet Union.
The diamond, extracted by the company's Udachninsky mining plant whose name means "successful" in Russian, is lemon color, pure and believed to have been about one-third of a larger diamond.
"It is a fragment of an even larger octahedron," said Gennady Shmarov, the factory's chief geologist, in a statement published on the company's Web site. "There is hope that more fragments of the stone will be discovered."
The company said that the diamond is only smaller than the 26th Communist Party Congress 342.5 carat diamond minded in 1980 and the Alexander Pushkin 320.65 carat diamond mined in 1980.
State-owned Alrosa is Russia's only diamond mining company and the world's second-largest rough diamond producer, after the Anglo-South African concern De Beers.
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