158.2-carat diamond unearthed in Russia

Sept. 25, 2012 at 11:22 AM

NYURBA, Russia, Sept. 25 (UPI) -- A Russian diamond mining company said it has unearthed a rare 158.2-carat diamond worth more than $1.5 million.

Alrosa, Russia's largest diamond mining company, said the gem was discovered this month at factory No. 16 of the Nyurbinsk mine in the Republic of Yakutia, northeastern Russia, RIA Novosti reported Tuesday.

"In the estimate of Alrosa's specialists, this diamond may be sold for over $1.5 million at auction. This diamond, if it is processed, may also produce several quality diamonds, each of them worth over several hundred thousand U.S. dollars," Alrosa said.

Related UPI Stories
Latest Headlines
Trending News
Man named 'Something Long and Complicated' proves identity to Facebook
Montreal man's political posters: 'I just wanted a sign'
Audit: Scientists in Antarctica prone to alcohol-fueled fights, indecent exposure
Alaska Airlines misplaced its own CEO's luggage
Semi truck caught on camera crossing South Carolina flood waters