Second Largest Diamond in the World Found in South Africa

The second largest diamond in the world has been found in South Africa, weighing 2492 carats (498 g) and valued at over $40 million. The lucky discovery was made by the Canadian mining company Lucara Diamond at a Botswana mine, but what will be done with it has not yet been decided. The largest diamond in history, the 'Cullinan' at 3106 carats, was found in 1905 (also in Africa). It was then divided into several pieces, which adorned the scepter of English King Edward VII and the British Empire's crown.