RAPAPORT… Lucara Diamond Corp. has unearthed a 393.5-carat diamond from its Karowe mine in Botswana, the seventh over 300 carats this year.
The miner recovered the gem-quality, white, type IIa diamond from the site’s south lobe M/PK(S) area, known for its large, valuable rough, it said last week. The company also found a 156.2-carat, high-quality rough from the same production run.
Of the seven 300-carat-plus stones the company has found this year, this is the third gem-quality one from that section of Karowe, Lucara noted. It previously turned up 341- and 378-carat, high-quality diamonds from the area in January.
“This recent recovery continues to demonstrate the strong and consistent resource performance of the south lobe,” said Lucara CEO Eira Thomas. “[These diamonds] add to the collection of significant diamond recoveries in 2021, as Lucara looks to ramp up construction activities for the proposed underground expansion at Karowe.”
Image: The 393.5-carat rough diamond. (Lucara Diamond Corp.)
Lucara Recovers 394ct. Rough from Karowe
The Bottom Line
- Lucara unearthed a 393.5-carat, white, type IIa diamond from the south lobe M/PK(S) area of the Karowe mine in Botswana.
- This discovery is the third gem-quality diamond over 300 carats from the south lobe in 2021, following 341- and 378-carat stones found earlier.
- The recoveries highlight consistent resource performance as Lucara advances plans for an underground expansion at Karowe.
Summary by Rapaport AI
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