Indonesian Political, Business & Finance News

Huge diamond find in C. Kalimantan

| Source: JP

Huge diamond find in C. Kalimantan

MUARA TEWEH, Central Kalimantan: Residents of Sungai Batang
village recently discovered a giant 64.5 carat diamond and are
putting it on sale for Rp 3.8 billion.

Yoseph Stalin, an official from North Barito regency,
confirmed the find, saying that a businessman from South
Kalimantan reportedly offered Rp 2 billion for the diamond but it
was turned down.

Antara on Thursday quoted Pahri Janan, a former district chief
in the area, as saying that the land was long known for its high-
quality diamonds. However, the find is the largest since
prospecting began in the 1950s.

He remarked that an English geologist who studied the area in
1983 said there was a stockpile of diamonds buried underground.

"That's why this district is named Permata Intan (Diamond
Jewels)," Pahri said. (mds)

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