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huge diamond on red cloth

Lucara Diamond, a Canadian mining company, just uncovered a massive 342-carat diamond in Botswana. Last year it sold a 203-carat diamond for US$ 8.2 million. However, there are concerns that government inaction and poor policy planning is allowing the economically important gem and mining industries to atrophy, especially with regard to the domestic gem polishing sector. Botswana’s first ever diamond mine just announced that it’s closing in 2016 and workers in the industry across the country are worried about the industry’s future.

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