RAPAPORT… Botswana’s largest rough diamond now has a name, following a public contest held by Lucara Diamond Corp.
The company chose to call the 1,758-carat stone Sewelô, which means “rare find” in the local Setswana language. It was the winning entry from more than 22,000 submissions.
“The largest diamond recovered in Botswana’s history was
named by the people of Botswana this evening in a celebration of Botswana’s
success,” Lucara CEO Eira Thomas said last week.
The miner has completed its analysis of the diamond — which it
recovered in April from the Karowe mine’s high-value south lobe — and is
considering its sale options, Thomas added.
Lucara announced the new name during a gala event, at which Botswana President Mokgweetsi Masisi was present.
Image: The 1,758-carat Sewelô diamond. (Lucara Diamond Corp.)
Lucara Names 1,758ct. Diamond ‘Rare Find’
The Bottom Line
- The 1,758-carat diamond recovered from Lucara’s Karowe mine is the largest in Botswana’s history.
- The name 'Sewelô,' meaning 'rare find' in Setswana, was selected from over 22,000 public submissions.
- Lucara has finished analyzing the diamond and is currently considering how to proceed with its sale.
Summary by Rapaport AI
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