Zambia: Huge £2m emerald found in the mine
London, October 31, 2018,(AltAfrica) – A large emerald weighing 1.1kg (2.5lbs) and worth an estimated £2m has been found in a mine in Zambia.
Only the rarest and most remarkable emeralds are given names, Gemfields said.
The firm, which plans to cut it into smaller pieces for auction next month in Singapore, described it as having “remarkable clarity and a perfectly balanced golden green hue”.
Gemfields admitted it is hard to say how many individual gems will be cut from Inkalamu, but estimates value it at £2m.
We expect a number of large, fine-quality cut emeralds to be borne of the Inkalamu crystal,” said the company’s Adrian Banks.
“Given this emerald is such a rare find, it is also perfectly conceivable that the buyer will choose to purchase it as an investment,” he added.
Despite its enormous size, Inkalamu is not the biggest emerald found in the company’s mines.
In 2010 its miners discovered a 6,225-carat emerald they named the “elephant”.
For sheer size, even that is no match for the Bahia Emerald, discovered in Brazil in 2001, which weighs a reported 381kg (840lb)
It included the largest single shard of emerald ever found, described as “the size of a man’s thigh”.
Another extremely large emerald, whose owner Regan Reaney claimed it was the world’s largest, was dismissed as a fake in 2012.