Lucara Discovers 1,111-Carat Diamond
Lucara Diamond Corp., a diamond producer with assets in Botswana, has announced the recovery of a 1,111-carat gem-quality diamond in the south lobe of its Karowe Mine.

The diamond is also a Type IIa diamond, a rare subgroup of diamonds that includes less than 2 percent of the world’s diamond production. Stones in this group are chemically the purest of all diamond crystals and often have extraordinary optical transparency.

Lucara says the magnificent stone, which measures 65 mm x 56 mm x 40 mm in size, is the second-largest gem-quality diamond ever recovered. It's also the largest diamond ever recovered in Botswana, as well as the largest diamond ever recovered through a modern processing facility, according to the company. The stone was recovered by the newly installed Large Diamond Recovery (“LDR”) XRT machines.

“This historic diamond recovery puts Lucara and the Karowe mine amongst a select number of truly exceptional diamond producers,” said Lucara President and CEO William Lamb. “The significance of the recovery of a gem-quality stone larger than 1,000 carats—the largest for more than a century—and the continued recovery of high-quality stones from the south lobe, cannot be overstated. Our focus on mining the south lobe, which is delivering value beyond expectation, has been perfectly timed with the commissioning of our recent plant modifications, enabling the recovery of these large, high-quality exceptional diamonds.”

Lucara’s assets include the Karowe Mine in Botswana, two precious-stone exploration licenses in Botswana, and the Mothae Project in Lesotho. The 100 percent–owned Karowe Mine is in production, and the 75 percent–owned Mothae Project is currently being divested.
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