Norwegian machine found the world’s second largest diamond – Dagbladet.no

(Financial Newspaper): The news of the discovery of the world’s second largest diamond ever wildfire across the globe last week.

In the press release from the company in Botswana stated that the diamond (s) were found with a so-called “Large Diamond Recovery XRT machine. ” In other words, one Tomra machine, writes Finansavisen today.

CEO Stefan Ranstrand in Tomra confirms that it is Tomra technology behind found.

Three fight diamonds

But it was not just a big diamond. Lucar Diamond Corp., which is listed both in Canada and Sweden, had found a diamond in incredible 1.111 carats – and two other stones of 813 and 374 carats. – It is twice as big as any diamond that is sold before, and the first stone of over 1,000 carats found in over 100 years. What it might be worth is too early to say before it is analyzed thoroughly. We will maximize value and has no hurry to sell. However, several stakeholders have signed up already, could Lucar CEO William Lamb tell on a conference call.

It is speculated that the giant diamond could be worth $ 50 million or more, equivalent to over 430 million, but the company says it is too early to say anything definite about the value yet.

Could been shattered

In March announced Lucar Diamond Corporation that Karow mine in Botswana was the first in the world who installed Tomra XRT- technology, ie X-rays, to find diamonds.

– This is a niche segment for Tomra, but it is clear such a finding is a highlight. It gives an understanding that technology has value, says TOMRA CEO Stefan Ranstrand Finansavisen.

And one of the advantages of this way of finding diamonds include the risk that they will be crushed is much less than in more traditional ways.

Thick diamonds

Analysis Manager Ole Petter Kjerkreit in ABG Sundal Collier considers it interesting for Tomra’s commitment to the mining industry that the company is connected to such a unique diamond discoveries.

Lucar Diamond Corporation has risen above 30 percent on the Stockholm Stock Exchange since found, while Tomra however is completely unchanged on the news.

– Tomra’s technology has been thought to be suitable for, among other things to identify and recover large diamonds, and these findings are considered as a verification of the technology is efficient. It has been demanding for Tomra to raise awareness solutions for the mining industry, despite a collaboration with Rio Tinto and the technology is promising. Perhaps a world first as this can contribute to the conservative and often hard-pressed mining industry are increasingly being offered up eyes for Tomra’s solutions, he says Finansavisen.

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