News

Advanced Search

Karowe Yields Rare Blue and Pink Diamonds

Oct 2, 2019 4:44 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... Lucara Diamond Corp has recovered two gem-quality colored diamonds from the high-value portion of its Karowe mine in Botswana.

The company unearthed a 9.74-carat blue diamond and a 4.13-carat pink from run-of-mine ore taken from the south lobe. The recovery follows the recent sale of a 2.24-carat blue from the site for $347,222 per carat, the miner said last week. Last month, the company found two gem-quality white stones in the south lobe, weighing 123 and 375 carats.

“Lucara is extremely pleased with the recovery of these rare, sizeable, fancy-colored diamonds, which have the potential to contribute meaningful value to our regular production of large, high-value type IIa diamonds,” Lucara CEO Eira Thomas said.

The miner will offer the blue and pink diamonds at tender in December, she added.

Image: The 9.74-carat blue and 4.13-carat pink diamonds. (Lucara Diamond Corp.)
Tags: Eira Thomas, Karowe, lucara, Lucara Diamond Corp., Rapaport News
Similar Articles
AlrosaAlrosa Finds Diamond Inside a Diamond
Oct 06, 2019
Alrosa has recovered an unusual piece of rough featuring one diamond encased inside another, in a style similar
Mining for information
Oct 03, 2019
Academics have long been working to uncover the earth’s mysteries and to answer questions relating to its
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2019 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
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.