News

Advanced Search

Lucara Finds Second Large Diamond This Year

Jan 27, 2021 7:18 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT...
Lucara Diamond Corp. has unearthed a white diamond weighing 378 carats at its Karowe mine in Botswana, the second over 300 carats the deposit has produced since the start of the year.

The miner recovered the “magnificent,” gem-quality, unbroken, type IIa stone from the site’s south lobe M/PK(S) area, known for its large, high-quality rough, it said Tuesday.

Earlier this month, Lucara retrieved a 341-carat, high-quality diamond at the site. Including this newest find, the company has unearthed 55 diamonds over 200 carats since 2015.

“The 378-carat [stone] joins a rare and special lineage of exceptional, high-value diamonds recovered at Karowe, and continues to highlight the wonderful diamond potential of Botswana,” said Lucara CEO Eira Thomas. “Continued and consistent recovery of [these] large diamonds…comes at a critical time and provides continued strength and additional foundation to the opportunity to finance and build the underground expansion at Karowe.”

Image: The 378-carat rough diamond. (Lucara Diamond Corp.)
Tags: Botswana, diamonds, Eira Thomas, Karowe, Karowe mine, lucara, Lucara Diamond Corp., Rapaport News
Similar Articles
Gem Diamonds 254 ct May 2021Letšeng Mine Produces 254ct. Rough
May 04, 2021
Gem Diamonds has unearthed a 254-carat rough stone in Lesotho, marking a return to high-value discoveries following a lull.The
Gem Diamonds LetsengGem Diamonds Revenue Drops
Apr 22, 2021
Gem Diamonds reported a decline in first-quarter sales, marking a contrast after a stronger performance in pandemic-hit 2020.Revenue fell
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2021 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.