Saturday, 24 August, 2019

One of the largest diamonds ever found in Botswana

Lucara recovers record 1,758 carat diamond from Karowe One of the largest diamonds in recorded history found!
Russell Knight | 28 April, 2019, 23:15

The Cullinan mine is renowned as home to the largest diamond ever found - the 3,106 carat diamond that was used to create the 530.2 carat Cullinan I diamond, which is included in the crown jewels.

Lucara Diamond Corporation said it unearthed the stone - roughly the size of a tennis ball - at its Karowe project in Botswana, a mine renowned for its huge gems including the previous holder of the No. 2 position.

Lucara Diamond Corp has unearthed the largest uncut diamond in recent history in its Karowe mine in Botswana, the Canadian company said on Thursday, beating its own record discovery from November 2015 that it struggled to sell for almost two years.

The mine has now produced two diamonds greater than 1,000 carats in four years.

Although impressive in size, the new Karowe whopper, which weighs close to 352 g and measures 83 mm by 62 mm by 46 mm, is not gem quality and has been characterised as "near gem of variable quality, including domains of high-quality white gem", Lucara said in a statement. British diamond dealer Graff Diamonds finally bought it for $53 million in September 2017. An additional 317 carat stone - Cullinan II - was also incorporated in the royal gems.

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Of the 12 diamonds that were larger than 300 ct, half were categorised as gem quality with 11 sold to date generating revenue of $158-million.

"Lucara's technologically advanced, XRT diamond recovery circuit has once again delivered historic results", said Eira Thomas, Lucara's CEO.

Lucara says it has recovered a number of high value diamonds in Karowe since introducing new technology and has found 12 stones over 300 carats, including a 72-carat and a 327-carat diamond in April 2018.

Image courtesy of Lucara Diamond.

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