Lucara Recovers 239-Carat Diamond in Botswana

Published on: March 18th, 2013

By Erika Winters

Lucara Diamond Corp., a new diamond producer which unearthed a rare 9.46-carat blue diamond late last year, has announced the recovery of a 239.20-carat rough diamond from its Karowe Mine in Botswana. The massive diamond was found along with two other large diamonds weighing 124 and 71.1 carats. The stones will be sent to Antwerp for analysis and then offered for sale later in the year.

“The recovery of these large stones is hugely significant to both Lucara and Botswana. To the best of my knowledge, the 239-carat stone is one of the largest diamonds ever to have been recovered from the highly prolific Orapa kimberlite field in over 40 years of production,” said William Lamb, president and CEO of Lucara. “The recovery of a diamond of this size, the confirmed population of blue diamonds, and the strong operational performance in our first few quarters of operation demonstrate the quality of the assets as well as the competence of the operations team.”

239.20-carat rough diamond recovered by Lucara Diamond Corp.

Lucara Diamond Corp. announced the recovery of this 239.20-carat diamond from its Karowe Mine in Botswana. The new diamond producer’s two key assets are the Karowe Mine and the Mothae Project in Lesotho. Lucara’s 100-percent owned Karowe Mine is in production, while the 75-percent owned Mothae Project has completed a trial mining program. Image: Lucara Diamond Corp.