RapNet


Rapaport News

 

Mining

 
Rapaport Broadcast
Rapaport’s ‘State of the Diamond Industry’ Address
June 08 2020

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

Lucara Unearths 127ct. Diamond

Stone came from Karowe mine’s lucrative south lobe.
Jan 13, 2019 6:56 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... 
Lucara Diamond Corp. has recovered a 127-carat rough diamond from its Karowe mine in Botswana.

The company found the “high-quality” white stone in the deposit’s south lobe, the same area where it unearthed the 1,109-carat Lesedi La Rona and the 813-carat Constellation.

“The recovery of this latest, high-value, top-white, 127-carat diamond attests to the remarkable nature of the Karowe orebody, which has consistently delivered large, high-value diamonds throughout its history,” Lucara CEO Eira Thomas said Thursday.

Lucara has found 129 diamonds weighing more than 100 carats since it started mining at Karowe in 2012. The company intends to focus on extracting stones from the south lobe this year, as it aims to continue its big-stone recoveries.

Karowe is currently expected to produce rough through 2026. However, Lucara is conducting a feasibility study that could expand underground mining until at least 2036.

Image: The 127-carat rough diamond. (Lucara Diamond Corp.)
Tags: Constellation, Eira Thomas, Karowe, Karowe mine, Lesedi La Rona, lucara, Lucara Diamond Corp., Rapaport News
Similar Articles
Petra Cullinan 150Petra Seeks Buyer for Its Business
Jun 28, 2020
Petra Diamonds plans to sell the company as it struggles with mounting...
Stornoway Shakes Up Top Management
Virus Cases Force Shutdown at Alrosa Mine
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us