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Go Botswana!!
24/08/2024

Go Botswana!!

*Lucara recovers one of the largest diamonds in history at Karowe Mine*

By Victor Baatweng

Lucara Diamond Corp. has announced the recovery of a colossal 2,492-carat diamond from its Karowe Diamond Mine in Botswana. This exceptional find ranks among the largest rough diamonds ever discovered and was unearthed using Lucara's advanced Mega Diamond Recovery (MDR) X-ray Transmission (XRT) technology, a system implemented in 2017 to specifically detect and preserve large, high-value stones.

The diamond was recovered from the EM/PK(S) kimberlite, the primary ore type that Lucara will continue to target in the early stages of its underground mining operations.

This discovery adds to a series of notable finds from Karowe’s south lobe, a critical area for the mine’s economic success as it transitions to underground mining.

Since its commissioning in July 2012, the Karowe mine has produced more than 63 diamonds over 200 carats, including 13 stones exceeding 300 carats.

Notable recoveries include:

1. 549-carat Sethunya,

2. 998-carat

3. 1,758-carat Sewelô,

4. 1,109-carat Lesedi La Rona,

5. 342-carat Queen of the Kalahari,

and the 1,174-carat diamond discovered on June 23, 2024.

The latest discovery further solidifies Karowe Mine's reputation as a world-class diamond asset and reinforces Lucara's standing as a leading producer of large, high-quality diamonds.

Lucara is listed on the Toronto Stock Exchange, the Botswana Stock Exchange Limited, and Nasdaq

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