Karowe Yields Rare Blue and Pink Diamonds

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.)