Milenyum Mining Limited announced a feat of discovering and cutting a rough CSARITE® gemstone, which it describes as the world’s largest-known faceted Csarite gemstone. The 121.65-carat pear-shaped stone, has been cut from a recently recovered rough stone of approximately 430 grams from the world’s only CSARITE® mine.

Murat Akgun, the president of Milenyum Mining, explained, “Typical loss from rough CSARITE® is 98 percent. We have recovered rough pieces three times the size of this one and ended up with no faceted stones. We lost only 95 percent of the large specimen in cutting this gem, again setting it apart as a truly unique gem! This fine quality CSARITE® is certainly the world’s largest at this time, and we expect the retail price to be close to $1 million.”

Rudi Wobito, the master cutter of WOBITO, who did the actual faceting mentioned that, “We studied the material from all angles for weeks before deciding on the final shape.”

The gem exhibits a pronounced and vivid color change. The largest known faceted CSARITE®, prior to this was an 88.49-carat pear-shaped gem. Milenyum Mining is the world’s only source supply of CSARITE®.