A gem company in Sri Lanka has unveiled a rare and massive gemstone weighing 683 pounds (310 kilograms) that has been certified as one of the biggest corundums ever found in the country.

Sri Lanka's National Gem and Jewelry Authority says it has done a series of gemological tests on five samples taken from the rock.

“To our knowledge this specimen is indeed a rare specimen and not recorded in the geological literature," read an authentication letter given by the authority to the owners who unveiled the stone on Sunday.

When the outer layer was removed for inspection, the interior showed a silky blue patchy appearance, the letter said, suggesting the stone is a blue sapphire.

Shanka Ruwanditha, a director of the company that currently owns the massive stone, the Gemological Institute of Ratnapura, told The Associated Press on Monday that the owners plan to obtain the services of a local or foreign gem valuer soon to determine the price of the rock.

Sri Lanka and especially its southwestern city of Ratnapura, or the Gem City in the local language, has been known for centuries for mining gems and precious stones.

Share:
More In Business
Small grocers and convenience stores feel an impact as customers go without SNAP benefits
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
Load More