Lucara Diamond Corp. has recovered a massive diamond weighing 1,094 carats from its Karowe mine in Botswana, the second over 1,000 carats in the last month.
The “extraordinary” stone was detected during the processing of kimberlite from the EM/PK(S) portion of Karowe’s south lobe, known for yielding large, high-value diamonds, Lucara said Monday. The diamond bears “striking similarities” to the 692-carat stone the miner unearthed in 2023, which was manufactured by its offtake partner, HB Antwerp, the company explained. That rough was polished into several stones that sold for more than $13 million combined.
John Bassett