An incredible discovery has been made at the Karowe Mine in Botswana, where a diamond as large as a human hand has been uncovered by Lucara Diamond. The remarkable find weighs 2,492 carats, making it the second-largest diamond ever found. Described as “extraordinary,” this diamond is among the largest rough diamonds ever unearthed and was found using the Company’s advanced technologies.
The diamond was recovered through the Mega Diamond Recovery X-ray Transmission technology, demonstrating the mine’s potential for producing exceptional gems. It was extracted from the EM/PK(S) kimberlite, the primary ore Lucara focuses on during its underground mining operations. This discovery adds to a series of significant finds at the mine, which includes the 1,758 carat Sewel and the 1,109 carat Lesedi La Rona.
Lucara Diamond’s President and CEO, William Lamb, expressed delight at finding the colossal diamond intact, highlighting the success of the mine’s operational strategies. The Karowe Mine has solidified its status as a world-class diamond producer, contributing to Botswana’s position as one of the leading global diamond producers. The value of this exceptional find has not yet been disclosed.
This remarkable discovery comes over a century after the famous 3,106-carat Cullinan diamond was unearthed near Pretoria, South Africa in 1905. The Cullinan diamond was cut into nine separate stones, many of which now adorn the British Crown Jewels. Lucara’s recent find underscores the mine’s significant role in the diamond industry and showcases the effectiveness of their cutting-edge technologies.
Botswana, known for its diamond reserves, plays a crucial role in global diamond production, accounting for approximately 20% of the world’s output. Lucara Diamond’s latest discovery reaffirms the country’s mining prowess and the strategic investments made in innovative technologies. This remarkable find not only underscores the potential of the Karowe Mine but also highlights the company’s commitment to delivering value to its stakeholders and shareholders.
As Lucara Diamond continues its mining operations and explores new depths at the Karowe Mine, the anticipation surrounding the valuation and future of this magnificent diamond remains high. The world eagerly awaits further details about this extraordinary gem and its ultimate journey in the diamond market.