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A 552-carat yellow diamond was recently unearthed in Canada – the largest ever found in North America. If the stone has a high intensity grade it will surpass the price per carat of a white diamond, but it will still definitely be less expensive than a similar blue, green, pink or red diamond. Powered and implemented by FactSet Digital Solutions. Edmund DeMarche is a senior news editor for FoxNews.com. To put the discovery into perspective, the largest diamond ever found at Diavik was in 2015 and two-billion years old. Legal Statement. It was found in October at the Diavik Diamond Mine in … A 552-carat yellow diamond was unearthed in Canada -- the largest ever found in North America. The 552-carat yellow gemstone was found at the Diavik Diamond Mine, nort… The yellow hue from the 552-carat diamond is from the presence of nitrogen during the crystallisation of carbon. The company will select a partner to cut and polish the stone. Market data provided by Factset. gov't loosening rules in hopes of wooing Northern diamond manufacturers CNN's Patrick Cornell contributed in this report. A 552-carat yellow diamond discovered at a Canadian mine is said to be the largest gem-quality stone ever found in North America. Powered and implemented by FactSet Digital Solutions. The 552-carat yellow diamond was found at Diavik Diamond Mine, according to a company news release. Just in time before you send your list to Santa, miners in the far reaches of Canada announced that they found a rough 552-carat yellow diamond, which is the largest diamond ever discovered in North America and the seventh-largest diamond ever found. It consists of four kimberlite pipes associated with the Lac de Gras kimberlite field and is located on an island 20 km 2 (7.7 sq mi) in Lac de Gras informally known as East Island. The Diavik mine is in Canada’s Northwest Territory about 135 miles south of the Arctic Circle. A 552-carat yellow diamond discovered at a Canadian mine is said to be the largest gem-quality stone ever found in North America. 552 Carat Yellow Diamond found at the Diavik Mine in Canada In mid-December the Dominion Diamond Mine at Diavik in Canada reported that they had found a 552 Carat yellow diamond. CANADA -- A giant 552-carat yellow diamond was discovered in a mine located in Canada's Northwest Territories. RELATED: Diamond-encrusted shoes on sale for $17 million Dominion Diamond Mines added the diamond will not be sold in its rough form, and it's too early to determine its value. The yellow diamond is about the size of a chicken egg-- (DOMINION DIAMOND MINES). All rights reserved. The "astonishing gemstone" measures 33.74 millimeters by 54.56 millimeters, the company said. Photo courtesy of Dominion Diamond Mines. The 552-carat yellow gem quality stone is also one of the 30 biggest diamonds ever found. (CNN)A 552-carat yellow diamond was recently unearthed in Canada -- the largest ever found in North America. Market data provided by Factset. “A diamond of this size is completely unexpected for this part of the world and marks a true milestone for diamond mining in North America.” Related links: Forbes. A 552-carat yellow diamond was just unearthed in Canada’s arctic — a record North American discovery The gem-quality stone measures around 3 centimeters by 5.5 centimeters, almost three times the size of the next largest stone ever found in Canada. A mammoth 552-carat yellow diamond found in the Northwestern Territories of Canada was revealed by a mining company Friday. "It’s very hard to give a ballpark estimate. THE largest diamond ever found in North America has been unearthed – and it’s the size of a chicken’s egg. Finding exceptionally large diamonds is rare. Dominion Diamond Mines ULC (“Dominion”), a world leading producer of responsibly mined diamonds, announces the recovery of the largest known gem quality diamond … The gem has now set a record for being North America’s largest natural diamond ever found. CANADA -- A giant 552-carat yellow diamond was discovered in a mine located in Canada's Northwest Territories. or redistributed. 552 Carat Yellow Diamond Is The Largest Ever Found In Canada. Quotes displayed in real-time or delayed by at least 15 minutes. robert ballard titanic discovery cold war sub hunting mission newday vpx_00010530.jpg It was uncovered in the initial screening process at Diavik's recovery plant, the company said. Dominion Diamond Mines has announced the "unexpected" discovery of a 552-carat yellow gemstone. The largest diamond ever to be discovered in North America was unearthed in in October in Canada at the Diavik Diamond Mine. Finding extra large diamonds in fancy colors is even more rare. 552-Carat Diamond, Largest in North America, Found by Miners According to the company, this find exceeds a previous record held by the "Diavik Foxfire," a, Largest known diamond in North America found, Inside the secret US military mission that located the Titanic, 187.7-carat diamond discovered at the same mine in 2015. Dominion Diamond Mines owns 40 percent of the mine where the diamond … The 552-carat yellow diamond found in Diavik mine is the largest diamond found in North America to date. Mining company Dominion Diamond Mines said in a press release on Thursday the diamond … Forbes reported that it is unclear how much the diamond will eventually fetch. "Abrasion markings on the stone's surface attest to the difficult journey it underwent during recovery, and the fact that it remains intact is remarkable.". This material may not be published, broadcast, rewritten, CANADA (WTVD) -- A giant 552-carat yellow diamond was discovered in a mine located in Canada's Northwest Territories. The yellow diamond is about the size of a chicken egg– (DOMINION DIAMOND MINES) Just in time before you send your list to Santa, miners in the far reaches of Canada announced that they found a rough 552-carat yellow diamond, which is the largest diamond ever discovered in North America and the seventh-largest diamond ever found. "We can label it fancy yellow, but beyond that, due to its rough nature and the abrasions received through the processing facility, that’s all we can comment on," Shane Durgin, the CEO of Dominion told Bloomberg. A 552-carat yellow diamond was recently unearthed in Canada — the largest ever found in North America. Mutual Fund and ETF data provided by Refinitiv Lipper. A yellow diamond with a fancy light yellow color or even a fancy yellow color is cheaper per carat than most other color with a similar intensity grade. The effort was all worthwhile. Dominion Diamond Mines announces find of 552-carat yellow diamond in its Diavik Diamond Mine in Canada's Northwest Territory -- the largest diamond ever found in North America. This material may not be published, broadcast, rewritten, or redistributed. Get a daily look at what’s developing in science and technology throughout the world. It's the largest diamond mined in Canada. It all depends on, again, the cutting and the resulting stone it ends up.". Quotes displayed in real-time or delayed by at least 15 minutes. Two years ago, the Dominion Diamond Mines company announced the discovery of a 552-carat yellow gemstone, a North American record, at its site in … As such, the announcement by Dominion Diamond Mines that it has unearthed the largest known diamond … You've successfully subscribed to this newsletter! DOMINION DIAMOND MINES The Canadamark(TM) program by Dominion Diamond Mines ensures that all diamonds bearing its logo are rigorously tracked from mine to polished gem in order to offer final consumers full transparency of the supply chain. Mining company Dominion Diamond Mines said in a press release on Thursday the diamond … Updated 1531 GMT (2331 HKT) December 15, 2018. This 552-carat yellow diamond was mined at Diavik in 2018. Legal Statement. Mutual Fund and ETF data provided by Refinitiv Lipper. (Carlo Allegri/Reuters) Dominion Diamond is a key player in this industry. Mining.com reported that the South Africa holds the title for the biggest diamond ever found: a 3,106 Cullinan, found in 1905. For story suggestions or custom animation requests, contact tips@nextanimation.com.tw. The diamond—about the size of a chicken egg-- was discovered in October in Canada's Northwest Territories-- in Diavik-- which is about 135 miles away from the Arctic Circle, Mining.com reported. Mining company Dominion Diamond Mines said in a press release on Thursday the diamond … The yellow diamond … The report pointed out that a 36.80-carat diamond was recently sold at Christies auction house for $1.3 million. Follow him on Twitter. CANADA -- A giant 552-carat yellow diamond was discovered in a mine located in Canada's Northwest Territories. The 552-carat yellow gem was found at the Diavik mine in the Northwest Territories, and is almost three times the size of the next largest stone ever found in Canada. The largest diamond ever found in North America at 552 carats was on display at Phillips auction house in New York on Wednesday. The diamond is … Just in time before you send your list to Santa, miners in the far reaches of Canada announced that they found a rough 552-carat yellow diamond, which is the largest diamond … Dominion Diamond Mines said Thursday that this 552-carat yellow diamond is the largest found in North America. A 552-carat yellow diamond was recently unearthed in Canada — the largest ever found in North America. ©2021 FOX News Network, LLC. ©2021 FOX News Network, LLC. Dominion Diamond Mines said the diamond - … Rio Tinto Group and Dominion Diamond Mine found the diamond, which will be given to a partner to cut and polish. A 552-carat yellow diamond was recently unearthed in Canada — the largest ever found in North America. The 552 carat yellow diamond beats a previous record held by a diamond from the same mine. All rights reserved. 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