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Showing posts with label diamonds. Show all posts
Showing posts with label diamonds. Show all posts

Thursday, August 22, 2024

Bits and Bites from around the World > 2nd biggest diamond ever found, in Botswana; Passenger makes his own exit from plane in Melbourne

 

2,492-carat diamond – one of the world's largest

– found in Botswana


Canadian mining company Lucara Diamond said in a statement Wednesday that it had discovered in Botswana a diamond as large as the palm of a hand, which, in terms of carats, would make it the world's second-largest diamond.

A massive 2,492-carat diamond -- the second largest in the world -- has been discovered in Botswana, the Canadian mining company that found the stone announced Thursday.

The diamond was discovered in the Karowe Diamond Mine in northeastern Botswana using x-ray detection technology, Lucara Diamond Corp. said in a statement.

Lucara did not give a value for the find or mention its quality. But in terms of carats, the stone is second only to the 3,016-carat Cullinan Diamond discovered in South Africa in 1905.

"We are ecstatic about the recovery of this extraordinary 2,492-carat diamond," Lucara president William Lamb said in the statement.

Pictures released by the company show the diamond is as large as the palm of a hand.

This find was "one of the largest rough diamonds ever unearthed" and was detected using the company's Mega Diamond Recovery X-ray technology installed in 2017 to identify and preserve large, high-value diamonds, the statement said.

Botswana's President Mokgweetsi Masisi viewed the massive stone later on Thursday. His government said it was the second biggest in the world.

Tobias Kormind, managing director of Europe's largest online diamond jeweller, 77 Diamonds, confirmed it was the largest rough diamond to be unearthed since the Cullinan Diamond, parts of which adorn Britain's crown jewels.

"This discovery is largely thanks to newer technology that allows larger diamonds to be extracted from the ground without breaking into pieces. So we will likely see more where this came from," he said.

Botswana is one of the world's largest producers of diamonds, its main source of income, accounting for 30 percent of GDP and 80 percent of its exports.

Before the find was announced on Thursday, the largest diamond discovered in Botswana was a 1,758-carat stone mined by Lucara at the Karowe mine in 2019 and named Sewelo.

Lucara found a 1,174-carat diamond stone in Botswana in 2021 using the same x-ray technology.

(AFP)




Plane passenger arrested after forcing open exit door and walking on wing

Travellers at Melbourne Airport were shocked when a passenger onboard a stationary airplane forced open an emergency exit door and walked out onto the plane’s wing on Thursday morning.

The man, who has not been named publicly, opened the exit door without authorization while Jetstar Flight JQ507 was parked at a terminal gate. The flight arrived in Melbourne from Sydney at around 10 a.m. local time, the Australian Broadcasting Corporation reported.

Officials said the man opened a right-side exit door on the plane, triggering a release of the airplane’s evacuation slide. Rather than using the slide, the man stepped onto the Airbus A320’s wing and slid down the engine to stand on the tarmac.

He was quickly met with ground crew staff members and was detained before police arrived. Australian Federal Police said the man was arrested for aggressive behaviour and breaching aircraft safety protocols. Charges are likely to be laid at a later date.

The man was examined by paramedics at the airport and was brought to hospital for further assessment, police said.

Audrey Varghese, a passenger onboard Flight JQ507, told ABC some passengers screamed when the exit door was opened. She said she and other travellers were “quite terrified” by the incident.

Varghese said after the plane was done taxiing, the passenger “charged” toward the emergency exit row, then “pushed past some people” and “ripped off the emergency exit door.”

After the man exited the plane, Varghese said the flight crew calmed the remaining travellers and ensured no one was injured.

Another passenger onboard Flight JQ507 said the man’s rowdy behaviour began even before he opened the plane’s exit door. A traveller identified only as Madison told Australia’s Nine News television the man was seen vaping throughout the flight, which is not permitted. He also unsuccessfully demanded the air crew provide him with alcohol, she claimed.

Video and photos allegedly from the incident have circulated on social media, including footage of the passenger in confrontation with the Melbourne Airport ground crew.

A spokesperson for the Melbourne Airport praised the speedy response of ground crew members who intercepted the wayward passenger.

“Melbourne Airport is proud of the exceptional response from ground crew, which meant there was no immediate danger to other passengers or airport staff,” the spokesperson said.

No doubt there were drugs involved in this incident!



Friday, May 31, 2019

Fugitive Indian Billionaire Could Soon End Up in Mumbai Jail… If UK Finds Cell Good Enough

Corruption is Everywhere - Certainly in India

Wealthy people have a completely different justice system from the rest of us. Like Jeffrey Epstein, who trafficked dozens, if not hundreds of underage girls to wealthy and famous people, and was sentenced to spend a few months sleeping in a luxury jail cell while being able to leave and go to his luxury office all day. 

FILE PHOTO: Nirav Modi is driven away from Westminster Magistrates Court in London © AFP / Tolga Akmen

The UK court has extended the custody of notorious diamond dealer Nirav Modi as it seeks to ensure that he will be held in acceptable prison conditions before it rules on the extradition of the fugitive billionaire back to India.

“There is no reason why it [India’s jail plans for Nirav] should not be answered within 14 days,” Judge Emma Arbuthnot said, adding that Arthur Road Jail in Mumbai would be the “obvious candidate.”

Last year, Arbuthnot issued a similar request to Indian authorities before approving the extradition request of another fugitive – liquor tycoon Vijay Mallya, who had complained of inhumane prison conditions back home. In his case, India provided a video of the exact cell in which the former member of the Upper House of the Parliament was to be held. Mallya, who left India in March 2016 with debts of more than $1 billion, continues to fight the extradition order. The next hearing to decide his fate will be held on July 31.

Modi and Mallya might soon become prison mates if the judge Arbuthnot approves billionaire jeweler's extradition on July 29. For now, she has extended Modi's custody until June 27. Modi, who fled India last year and was only detained in London in March, is wanted over an alleged scam against Punjab National Bank (PNB), in which the diamond billionaire used fraudulent paperwork to obtain buyer’s credit for £2bn ($2.6bn).

If extradited, both men are in for a royal treatment at Mumbai's largest and oldest prison built in 1926. To house celebrity inmates and other high-profile prisoners, Arthur Road Jail has constructed a special cell block, consisting of individual 15x10 feet units. The cells have long French windows closer to the ceiling to ensure plenty of daylight and fresh air. They also come with other ‘luxuries’ previously unheard of.

“Exhaust and ceiling fans have been fitted to keep the rooms cool,” director general of prisons SN Pandey noted last month. “The other facilities include a commode, wash basin with 24x7 water supply as well as pure drinking water.”

'Now we are fully ready to accommodate the high-profile fugitive offenders while complying with global prison standards.'




Thursday, January 4, 2018

Desperate Venezuela Tried to Buy Medicine with Diamonds, Gold

Venezuelan currency is bordering on worthless and it's just
getting worse as the economy appears to be in full collapse

By Sara Shayanian 

A group of people walk in front of a liquor store that was looted in Caracas, Venezuela.
Photo by Miguel Gutierrez/EPA

UPI -- Venezuela's struggles to front $5 billion in debt to pharmaceutical companies have gotten so dire the government tried to swap diamonds and other precious items for medical supplies.

The cash-strapped country proposed an exchange of diamonds, gold and coltan, a rare metal used to make cellphones, for medicines from foreign suppliers to combat a shortage of medical items in the nation's hospitals.

According to the Wall Street Journal, it's not clear the the pharmaceutical companies accepted the deal, but they told government officials they didn't have rules saying whether they could fill non-monetary purchases.

Nevertheless, the proposed exchange illustrates the struggle of Venezuela's President Nicolás Maduro to pay for goods as the country's economy collapses.

Venezuela, which has the largest known oil reserves in the world, is running out of money due to years of negligence and corruption that have resulted in $141 billion in debt to international bondholders and creditors.

The Venezuelan Bolivar weakened over 97 percent in relation to the U.S. dollar and inflation in the country has increased to 4,115 percent.

Bartering has become commonplace in Venezuela, especially in transactions between Venezuelans trying to acquire sought-after staple items.

Caracas store

"Money was created so that we could avoid having to barter for basics," Omar Zambrano, a Caracas-based economist, said. "But we've fallen so far that we're now going back in time."

According to Caracas-based economic consultant Orlando Ochoa, using commodities to settle debts to pharmaceutical companies is extremely rare.

"It feels like a bluff," Ochoa said. "It's as if they want to show off their assets to give the illusion that there's still an intention of paying even though they can't pay."

Economists are warning that the economic situation could get worse, as hyperinflation may pass 30,000 percent in 2018.

"Those who are now predicting that Venezuela will close 2018 with an inflation rate of 5,000 don't really understand what is happening," Francisco Ibarra, head of the Econometrica company, told the Miami Herald. "We could hit that 5,000 mark already in February."