Headlines

Pulled from the Depths of the Earth: A $20M Diamond Weighing 404 Carats

Published

9 years ago

February 19, 2016

INSTORE Staff

It’s the 27th-largest diamond in the world.

Australian mining firm Lucapa Diamond Company has dug up a diamond in Angola that weighs 404.2 carats, Fortune reports. Lucapa chairman Miles Kennedy told the business publication that the diamond is worth about $20 million and is the 27th-largest in the world. According to the article, it’s the largest diamond ever found in the country, nearly doubling the size of the previous record-setter, dubbed the “Angolan Star.” Kennedy plans to sell the diamond to fund an expansion in the area.

Windsor Jewelers: Building for Tomorrow with Wilkerson

After 43 years in the jewelry industry, Windsor Jewelers' President Rob Simon knows the value of trusted partnerships. When planning a store expansion in Winston-Salem, North Carolina, he turned to Wilkerson to transform existing inventory into construction capital. "There have been very few companies I've dealt with that I totally trust," Simon shares. "Wilkerson understands their success is 100% based on your success." The partnership enabled Windsor to fund new showcases and construction while maintaining their position as their community's premier jeweler. For Simon, the choice was clear: "Over the years, I've been abused in every direction there is by different people in this industry, so I know what to avoid. One company not to avoid is Wilkerson."