World's third largest diamond believed to be discovered in Botswana

One of the world's largest diamonds has been unearthed in Botswana. 

Debswana, a diamond mining company jointly owned by the county's government and the De Beers Group, recently discovered a 1,098.3-carat high gem-quality diamond, the government of Botswana announced Wednesday. The stone was presented this week to President Mokgweetsi Masisi, who commended the find and said that, as usual, proceeds from the sale of the diamond will be used to "advance national development."  The country believes the rare stone to be the third largest diamond in the world, and the largest in the history of the company, since diamonds were first discovered in Botswana in 1967. It was found in Jwaneng mine's South Kimberlite pipe by metallurgy assistant Orakeng Kefentse.