Lucara Diamond unearths over 530-carats at Karowe mine in Botswana

Karowe mine. (Image courtesy of Lucara Diamond)

Lucara Diamond announced Wednesday the recovery of a 320-carat, a 111-carat and two +50-carat stones from its 100% owned Karowe diamond mine in Botswana.

The diamonds were recovered from the direct milling of kimberlite ore from the South Lobe during a recent production run that saw additional recoveries of numerous, smaller +10.8 carat diamonds of high value, the company said.

The 320-carat is a gem-quality, top light brown diamond, while the 111-carat diamond is described as a Type IIa white stone of high quality. The two +50-carat stones add to these recent recoveries and are also Type IIa white diamonds.

Latest recoveries from Karowe mine. Image from Lucara.

These add to the collection of significant stones uncovered at Karowe, where last summer Lucara recovered a 692.3-carat diamond.

The recoveries, the company said, re-enforce the development of the underground mine which will target >95% EM/PK(S) ore during the first three years of underground production. The company invested $106 million in 2022 in underground development at Karowe.

“These diamond recoveries from the EM/PK(S) domain of the South Lobe further validate the quality and potential of the Karowe diamond mine,” CEO William Lamb said in a statement.

“Our team’s dedication to innovation and operational excellence continues to drive our success, and we look forward to delivering further value to our stakeholders,” Lamb said.

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