Enormous Diavik diamond on display at NYC auction house

It has yet to be given a proper name. For now, the largest diamond ever mined in North America carries the nickname ‘552’ after its enormous carat weight.

Discovered at Diavik Diamond Mine in October 2018, the yellow diamond is on display at the Phillips auction house in New York City this week.

The ‘552’ recovered from Diavik Diamond Mine in the NWT October 2018. Dominion Diamond Mines photo

The diamond is the 25th largest rough cut diamond in the world, just ahead of the 550-carat Letseng Star mined in Lesotho.

552 is unique for its size and colour, as well as its age. According to Phillips it is around 3.1 billion years old, much older than most diamonds mined in the NWT.

READ MORE: NWT COMPANY FINDS LARGEST DIAMOND EVER FOUND IN NORTH AMERICA

Processing diamonds involves crushing ore recovered from kimberlite pipes. The fact that the 552 survived this process intact is ‘remarkable’ the auction house states.

“It is remarkable that the 552 survived the recovery process, especially because Diavik’s processing plant is optimized for the recovery of smaller diamonds.”

This is one of the last times the diamond will be shown in its original size. After this, it will be cut into smaller stones and sold.

Emelie Peacock
Emelie Peacock
News Reporter

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Yellowknife RCMP seek assistance in locating missing person

Yellowknife RCMP are asking for assistance in locating a person reported missing.

Federal investment in NWT food security announced

Northwest Territories Member of Parliament Rebecca Alty highlighted an investment of over $95,000 into three organizations in the NWT under the Local Food Infrastructure Fund.

Aurora College announces new Interim President

The Aurora College Board of Governors has appointed a new Interim President while they continue their search for a candidate to fill the role full time. Dr. Nora Houlahan will be taking the position starting on May 4, with Dr. Heather McCagg-Nystrom continuing as Acting President until that time.  

GNWT, Indigenous govts and feds to help workers impacted by Diavik closure

“As this mine closes, our message to workers is simple: you are not on your own,” says Minister Caitlin Cleveland. On Tuesday, the Diavik Diamond Mine processed its last truck of ore. More than 1,100 workers from the N.W.T. were employed at the mine in operation for over 20 years. About 200 workers will continue their roles on site as part of active closure in 2026.

Yellowknife councillors consider request to endorse a new federal election format

At a presentation to city council on Wednesday, Jeremy Flatt requested that the city endorse a resolution calling for a proportional representation model for federal elections. If city coucnillors decide to support the request, Yellowknife could become the first city in Canada to endorse the alternative federal voting system. Flatt said that some have called it a “more democratic” system.