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Largest Of Its Kind, A 71.26 Carat Yellow Diamond Discovered In Canada

A 71.26 carat yellow diamond was discovered in an underground area of Canada's Northwest Territories mine.

Arctic Canadian Diamond Company has just announced a once-in-a-lifetime discovery that demonstrates Canada's relevance to the diamond industry to the rest of the globe. The magnificent intense yellow colour of the 71.26-carat raw diamond is the most vibrant and expensive of all yellow diamonds. What's more, it's possibly the biggest fancy dazzling yellow diamond ever unearthed in Canada.

It was discovered in an underground part of Canada's Ekati mine in the Northwest Territories. The stunning rough diamond has a near-perfect octahedral structure, which is unusual for diamonds of this size. Natural diamonds develop in the octahedral shape, however they are frequently fractured from that structure over many millions of years and under harsh circumstances.

71.26 Carat Yellow Diamond

For more than 24 years, Ekati has been recognised for exporting raw diamonds to the worldwide market as Canada's first diamond mine. The Arctic Canadian Diamond Company owns and operates the Ekati diamond mine, which is a model of ethical mining and environmental responsibility. Responsible mining include bettering people's lives, building communities, safeguarding animals, and caring for the environment in which miners operate.

"This historic beautiful vibrant yellow gemstone continues to highlight Canada as a prominent role on the global diamond mining scene," stated Rory Moore, President and CEO of Arctic Canadian. "Because of appropriate mining procedures and environmental responsibility, Canadian diamonds are among the most sought-after in the world." This stone demonstrates Ekati's capacity to provide value today and in the future."

Discovered In Canada

One can only envision the incredible polished diamond that will be cut from such a rare raw diamond. Of fact, a raw diamond of this size and colour might take more than a year to design and cut into its finest form. Meanwhile, we may observe its stunning natural form and fantasise about what it will become.

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Billionaire Laurence Graff paid a record-breaking $46.1 million for a magnificent vivid pink diamond weighing 24.78 carats. Originally owned by his competitor Harry Winston, it now carries graff’s name and is a part of the legendary collection of rare diamonds.

We usually advise brilliant round diamonds with a cut grade of very good, ideal, or super ideal for engagement rings (also known as hearts and arrows). A high cut grade maximises a diamond’s beauty for a given carat weight.

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It’s crucial to have a concept of what you might prefer before starting your search because it will enable you to focus on fewer of the many engagement ring possibilities that are now available. Also, when you initially start browsing, it helps to have a few distinct design concepts and the overall budget because the variety can be overwhelming.

Here are Engagement Ring Trends 2023:

1. Modern Art-Deco
2. Colored Stones
3. Lab-Grown Diamonds
4. East-West Settings
5. Multiple Large Stones

The traditional round diamond form, which is the most common, may come to mind when you think of diamonds. But if you want something different, a tonne of alternative forms may be found to suit your unique taste and style. Each diamond shape has its own fire and brilliance because they are cut to different standards, altering how they reflect light.

The most popular kinds of diamonds are listed below:

1. Round Brilliant Cut Diamonds
2. Princess-Cut Diamonds
3. Marquise-Cut Diamonds
4. Cushion-Cut Diamonds
5. Emerald-Cut Diamonds
6. Radiant-Cut Diamonds
7. Pear-Shaped Diamonds
8. Oval Diamonds
9. Asscher-Cut Diamonds