RAPAPORT… Lucara Diamond Corp. has recovered a 127-carat rough diamond
from its Karowe mine in Botswana.
The company found the “high-quality” white stone in the deposit’s
south lobe, the same area where it unearthed the 1,109-carat Lesedi La Rona and
the 813-carat Constellation.
“The recovery of this latest, high-value, top-white, 127-carat
diamond attests to the remarkable nature of the Karowe orebody, which has
consistently delivered large, high-value diamonds throughout its history,”
Lucara CEO Eira Thomas said Thursday.
Lucara has found 129 diamonds weighing more than 100 carats
since it started mining at Karowe in 2012. The company intends to focus on
extracting stones from the south lobe this year, as it aims to continue its big-stone recoveries.
Karowe is currently expected to produce rough through 2026.
However, Lucara is conducting a feasibility study that could expand underground
mining until at least 2036.
Image: The 127-carat rough diamond. (Lucara Diamond Corp.)
Lucara Unearths 127ct. Diamond
The Bottom Line
- Lucara recovered a 127-carat high-quality white diamond from the south lobe of the Karowe mine.
- The Karowe mine has produced 129 diamonds over 100 carats since 2012, including notable stones like the 1,109-carat Lesedi La Rona.
- Lucara plans to focus on the south lobe for big-stone recoveries and is studying an underground expansion to extend production beyond 2026.
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