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Karowe Yields Massive 549ct. Rough
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Lucara Diamond Corp. has unearthed a 549-carat white diamond at its Karowe mine, the fourth-largest stone in the history of the Botswana deposit.The unbroken stone, which is of “exceptional purity,” is the first large diamond Lucara has...
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Mining
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Feb 06, 2020
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Rapaport News
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Louis Vuitton Buys 1,758ct. Diamond from Lucara
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Lucara Diamond Corp. has sold Botswana’s largest diamond to Louis Vuitton in a rare move that will see the fashion house partner with an Antwerp manufacturer to polish the stone.The mining company will receive an up-front...
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Rough Markets
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Jan 16, 2020
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Rapaport News
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Diamonds That Created a Buzz in 2019
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It was another big year for big diamonds, with several stones that raked in big bucks, set records, or otherwise made headlines. These were the stones that caught our attention in 2019.Biggest money makers1....
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Polished Markets
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Dec 31, 2019
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Leah Meirovich
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Karowe Yields Two Massive Stones
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Lucara Diamond Corp. has recovered a 123-carat, type IIrough and a 375-carat, gem-quality stone from the high-value portion of its Karowemine in Botswana, it said Wednesday. Including the two diamonds, the company has unearthed 29diamonds...
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Mining
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Sep 19, 2019
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Rapaport News
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Botswana Proposes Lucara Investment
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The government of Botswana is said to have expressedinterest in buying shares in Lucara Diamond Corp., the owner of the country’shigh-value Karowe diamond mine. “I have proposed…Lucara allow [the] government to invest inthe company,” President Mokgweetsi Masisi told...
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Mining
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Jun 24, 2019
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Rapaport News
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Graff Cuts 302ct. Diamond from Lesedi La Rona
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Graff has unveiled the 67 polished stones it cut from the 1,109-carat Lesedi La Rona, including a record-breaking 302-carat diamond.The jeweler has named the square emerald-cut, 302.37-carat, D-color diamond the Graff Lesedi La Rona. It has...
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Polished Markets
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Apr 10, 2019
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Rapaport News
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Lucara Finds Additional Resources at Karowe
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A high-value section of the Karowe minecontains a larger supply of diamonds than originally thought, Lucara DiamondCorp. said. A feasibility study at the Botswana-basedasset shows a 54% increase in indicated resources in the EM/PK (S) portion of itssouth lobe region,...
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Mining
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Jan 27, 2019
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Rapaport News
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Lucara Unearths 127ct. Diamond
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Lucara Diamond Corp. has recovered a 127-carat rough diamondfrom its Karowe mine in Botswana. The company found the “high-quality” white stone in the deposit’ssouth lobe, the same area where it unearthed the 1,109-carat Lesedi...
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Mining
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Jan 13, 2019
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Rapaport News
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Lesedi La Rona May Once Have Been 2,774ct.
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The second-largest diamond in history was probably twice as big before it broke into pieces, researchers at the Gemological Institute of America (GIA) have claimed.Similarities between the 1,109-carat Lesedi La Rona, the 812-carat Constellation and three...
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Mining
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Dec 20, 2018
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Joshua Freedman
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Graff Hong Kong to Display Lesedi Polished
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Graff will present a selection of flawless polishedstones from the 1,109-carat Lesedi La Rona at its new Hong Kong boutique. Graff purchased the D-color diamond — the second-largest rough in history— from Lucara Diamond Corp. for...
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Retail
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Dec 02, 2018
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Rapaport News
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Graff Unveils Polished from 1,109ct. Lesedi La Rona
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Graff Diamonds has showcased the first of more than 60diamonds it plans to polish from the 1,109-carat Lesedi La Rona rough stone itbought last year.They include two D-color, flawless diamonds mounted on rings, of which one...
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Polished Markets
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Nov 12, 2018
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Rapaport News
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Lucara Lifts Production Outlook
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Lucara Diamond Corp. raised its production forecast for the fullyear after recovering more carats in the third quarter than it had anticipated. A strong operational performance at the Karowe mine’sprocessing plant resulted in improved recovery...
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Mining
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Nov 11, 2018
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Rapaport News
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Lack of Top-Quality Diamonds Hits Lucara
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Lucara Diamond Corp.’s sales and profit fell in the secondquarter amid lower-quality production from its Karowe mine and a drop in the averageprice. Revenue declined 19% year on year to $64.5 million for thethree months...
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Mining
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Aug 09, 2018
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Rapaport News
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Lucara Raises Large-Stone Forecast at Karowe
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Lucara Diamond Corp. will focus on the high-value section ofits Karowe mine that produced the 1,109-carat Lesedi La Rona, after a surveyindicated the area contained more large stones than previously predicted. A sample of 13,562...
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Mining
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Jul 01, 2018
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Rapaport News
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Karowe Firm Gets First Female Boss
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Lucara Diamond Corp. has appointed Naseem Lahri as the firstfemale managing director of its Boteti Mining subsidiary, which owns thehigh-value Karowe mine. “I am delighted to be welcoming Naseem into her new role asmanaging director of Boteti,...
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Mining
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May 02, 2018
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Rapaport News
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Lucara Recovers 327ct. Rough Stone
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Lucara Diamond Corp. has unearthed a 327-carat rough diamondfrom its Karowe mine in Botswana. The high-color white diamond is the eighth over 100 carats that Lucara has found this year, and the ninth...
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Mining
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Apr 29, 2018
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Rapaport News
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Lucara Unearths 472ct. Rough Stone
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Lucara Diamond Corp. has recovered a 472-carat rough diamond, thethird largest from its Karowe mine in Botswana. The stone is “top light brown,” meaning it has a relativelylow color grade. “In 2018, mining at Karowe is focused...
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Mining
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Apr 15, 2018
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Rapaport News
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910ct. Lesotho Diamond Sells for $40M
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Gem Diamonds has sold the Lesotho Legend, the 910-caratstone it unearthed at its Letšeng mine in January, for $40 million, the company said Tuesday. The miner claims the D color, type IIa stone —which...
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Mining
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Mar 13, 2018
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Rapaport News
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Lucara Names Eira Thomas as CEO
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Eira Thomas has taken over as CEO of Lucara Diamond Corp,replacing William Lamb, the miner said Sunday.Thomas (pictured), who has worked in the mining industry for 25 years, is a founder and director of Lucara, and a cofounder...
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Mining
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Feb 26, 2018
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Rapaport News
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Lack of Large Diamonds Dents Lucara Sales
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Lucara Diamond Corp’s revenue and profit fell in 2017, assales of exceptional diamonds and overall production at its Karowe mine slumpedduring the year. Revenue for 2017 dropped 25% to $220.8 million, with thevolume of goods...
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Mining
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Feb 21, 2018
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Rapaport News
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