Lucara recovers another big diamond in Botswana

By Valentina Ruiz Leotaud / April 27, 2018 / www.mining.com / Article Link

Canada's Lucara Diamond (TSX:LUC) announced today the recovery of another big diamond from its 100% owned Karowe Mine located in Botswana.

The rock weighed 327 carats and it is a top white gem diamond.

According to the miner, eight diamonds greater than 100 carats have now been recovered at Karowe since the beginning of the year. This includes the 472-carat diamond found earlier this month, which was the third largest diamond ever collected at the site.

The record for Lucara, however, remains with the "Lesedi La Rona," a 1,109-carat stone considered the world's second-largest diamond ever found. It was unearthed back in 2015.

The Vancouver-based junior also announced that it will hold its first exceptional stone tender in June 2018. Included for sale will be the 327 and the 472-carat diamonds, alongside other qualifying gems.

Recent News

Major metals not gaining much on China stimulus announcements

December 16, 2024 / www.canadianminingreport.com

Spectre of stagflation looms over base metals

December 16, 2024 / www.canadianminingreport.com

TSXV large gold gains overall, but a mixed story underneath

December 09, 2024 / www.canadianminingreport.com

Large cap gold underperforms juniors

December 09, 2024 / www.canadianminingreport.com

Swings in geopolitical risk premium a major recent gold driver

December 02, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok