Lucara Finds Second Large Diamond This Year

By Rapaport News / January 27, 2021 / www.diamonds.net / Article Link

RAPAPORT... Lucara Diamond Corp. has unearthed a white diamond weighing 378 carats at its Karowe mine in Botswana, the second over 300 carats the deposit has produced since the start of the year.The miner recovered the "magnificent," gem-quality, unbroken, type IIa stone from the site's south lobe M/PK(S) area, known for its large, high-quality rough, it said Tuesday.Earlier this month, Lucara retrieved a 341-carat, high-quality diamond at the site. Including this newest find, the company has unearthed 55 diamonds over 200 carats since 2015."The 378-carat [stone] joins a rare and special lineage of exceptional, high-value diamonds recovered at Karowe, and continues to highlight the wonderful diamond potential of Botswana," said Lucara CEO Eira Thomas. "Continued and consistent recovery of [these] large diamonds...comes at a critical time and provides continued strength and additional foundation to the opportunity to finance and build the underground expansion at Karowe."Image: The 378-carat rough diamond. (Lucara Diamond Corp.)

Recent News

Another 'Bubble Check' for the gold sector

September 08, 2025 / www.canadianminingreport.com

Gold stocks continue to hit new highs

September 08, 2025 / www.canadianminingreport.com

Some mining stocks exposed to Burkina Faso take major hit

September 02, 2025 / www.canadianminingreport.com

Gold stocks again hit new highs

September 02, 2025 / www.canadianminingreport.com

Gold stocks reach new highs on metal price gain

August 25, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok