Lucara Diamond Corp. announced the recovery of a stunning 1,094-carat rough diamond at its Karowe mine located in Botswana, Africa. This extraordinary stone, the sixth of more than 1,000 carats found by the company, reflects Karowe’s unique potential for the for the mining of large, high quality diamonds. high quality diamonds. The recovery of this stone consolidates Lucara’s position as a leader in the diamond industry.
This diamond will be polished by HB Antwerp, reinforcing the ongoing relationship between the two companies. Recently, a 692 carat diamond recovered by Lucara was polished by HB Antwerp and sold for over $13 million, demonstrating the high value these stones can achieve after processing. The partnership between Lucara and HB Antwerp is focused on maximizing the value of the recovered stones and guarantees quality and traceability from their origin in Botswana.
Diamond in the rough drives expansion in Karowe
The Karowe mine, operated by Lucara since 2012, has been noted as one of the most important sources of large diamonds. It has produced historic gems such as the 1,109-carat Lesedi La Rona of 1,109 carats and the Sewelô of 1,758 carats. The recent recovery of this 1,094 carat diamond underscores the consistency of the southern lobe of the EMPKS orebody at Karowe.
The recovery of this diamond reinforces the importance of the investments made in the Karowe underground expansion project. Karowe subway expansion projectwhich seeks to extend the mine’s life beyond 2040. William Lamb, Lucara’s president and chief executive officer, said, “The quality of our resource and its ability to generate high returns demonstrate the viability of subway development.” The expansion will allow Lucara to access the deeper areas of the southern lobe, where the highest value minerals are found.
Commitment to sustainability and technology
In addition, Lucara is committed to sustainable and ethical mining. All of its diamonds are of natural origin and are sold in a transparent manner. Through Clara Diamond Solutions, the company uses blockchain technology to ensure the traceability of each gemstone, providing confidence to consumers as to the provenance of the diamonds.
With the recent recovery of the 1,094-carat diamond, Lucara Diamond Corp. continues its streak of exceptional discoveries. The Karowe mine reaffirms its status as a key deposit for the production of large, high-quality diamonds, strengthening the company’s position in the global market.
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Source and photos: Lucara Diamond
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