Moscow: A unique 158 carat diamond worth USD 1.5 million has been found in Russia.
The diamond sized 35x22x22 millimeters, is highly transparent with only subtle defects, a spokesman for the diamond miner Alrosa said.
It was found in September at diamond-mining factory No. 16 of the Nyurbinsk ore mining and processing enterprise in the Republic of Yakutia in Russia's north-east.
"In the estimate of Alrosa's specialists, this diamond may be sold for over USD 1.5 million at auction. This diamond, if it is processed, may also produce several quality diamonds, each of them worth over several hundred thousand US dollars," Alrosa said in a statement.
Alrosa is one of the world's largest diamond companies, accounting for about 28 percent of global production, and produces 97 percent of all diamonds in Russia. The company boasts proven diamond reserves that enable it to maintain diamond production for over 25 years.


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