Canadian Lucara Diamond finds rare blue stone in Botswana

Canada's Lucara Diamond Corp. (TSX:LUC) said it recovered a 9.46-carat rare type II blue diamond from its Karowe mine in Botswana.

The Vancouver-based company said the precious rock is the first of its kind to be identified at Karowe and will be sold at an upcoming sale.

William Lamb, Lucara president and CEO, said the recovery of the blue diamond is a key gain for the company.

“The recovery of such a rare stone is of great importance to the Karowe asset,” he said.

“We had previously identified a population of type II diamonds at Karowe and the recovery of this rare blue diamond confirms the quality distribution of the diamonds being mined at Karowe," he added.

In addition to the Karowe mine in Botswana, the Africa-focused miner holds 75% of the Mothae project in Lesotho, which is currently in the trial mining stage.