Five Things You Should Know About Foxfire, A Giant Diamond Found In the Arctic

Just recently, a massive 187.7-carat gem quality diamond was found in the Arctic – in Northern Canada. Named Foxfire, the gem is the largest ever found on North American soil. Currently, the diamond is making the rounds to various diamond shows looking for suitors. That means the company that found it, Rio Tinto, is looking for a buyer. This can be tough, because diamonds this size are worth tens of millions of dollars, and they are truly rare. However, Foxfire is truly rare. Here are five things you should know about Foxfire.


1. It almost got pulverized.

The giant diamond almost didn’t make it past the ore processing and mining stage. Most big stones that come out of the mines aren’t diamonds, so they get pulverized and discarded. Foxfire was in line with a bunch of other stones, but escaped because of its unique shape.


2. Huge gem-quality diamonds don’t exist in this location.

One of the reasons why the stone was in line to get squashed is because the mine operators are looking out for a maximum diamond size. In fact, most diamonds that come out of the mine where Foxfire was found are much smaller. Plus, due to the nature of how the diamonds got there in the first place, it further made it difficult for this enormous stone to be discovered as a real diamond – and by far the rarest ever found in that area.


3. It May Be Carved Down To Form a Maple Leaf.

One potential fate for the diamond is that it will be carved down to form of a maple leaf, which is the Canadian symbol. Other proposals involve breaking the diamond down into multiple diamonds that can be carved to various cuts. One reason for this is that the diamond has a slightly yellowish hue, which may make it less valuable. Cutting it down will remove much of the yellow hue.


4. Foxfire named after the aboriginal description of the Northern Lights.

In that part of Canada, you can see the Northern Lights, which is a magical display of multicolored lights that brighten up the sky. And what does the aboriginal community call these lights? – Ding, ding, ding, they call it Foxfire.


5. There are many more diamonds in this location.

On top of everything, there are apparently a lot more diamonds in this location. A long time ago, a volcano erupted and shot diamonds all over the landscape. Over time, the diamonds sunk back into the earth and many of them are embedded beneath various lake beds. While there probably isn’t a lot of diamonds as big as this one, there is a good chance that one of these days, another major dazzler will be found.

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