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Lucara
Karowe Yields Two Massive Stones
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...
Mining Sep 19, 2019 Rapaport News
Lucara
Botswana Proposes Lucara Investment
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...
Mining Jun 24, 2019 Rapaport News
Graff
Graff Cuts 302ct. Diamond from Lesedi La Rona
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...
Polished Markets Apr 10, 2019 Rapaport News
Lucara
Lucara Finds Additional Resources at Karowe
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,...
Mining Jan 27, 2019 Rapaport News
Lucara 127ct
Lucara Unearths 127ct. Diamond
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...
Mining Jan 13, 2019 Rapaport News
Lesedi La Rona
Lesedi La Rona May Once Have Been 2,774ct.
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...
Mining Dec 20, 2018 Joshua Freedman
Graff Hong Kong
Graff Hong Kong to Display Lesedi Polished
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...
Retail Dec 02, 2018 Rapaport News
Lesedi La Rona
Graff Unveils Polished from 1,109ct. Lesedi La Rona
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...
Polished Markets Nov 12, 2018 Rapaport News
Lucara
Lucara Lifts Production Outlook
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...
Mining Nov 11, 2018 Rapaport News
Lucara 150
Lack of Top-Quality Diamonds Hits Lucara
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...
Mining Aug 09, 2018 Rapaport News
Lucara 150
Lucara Raises Large-Stone Forecast at Karowe
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...
Mining Jul 01, 2018 Rapaport News
Lucara 150
Karowe Firm Gets First Female Boss
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,...
Mining May 02, 2018 Rapaport News
Lucara 150
Lucara Recovers 327ct. Rough Stone
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...
Mining Apr 29, 2018 Rapaport News
Lucara 150
Lucara Unearths 472ct. Rough Stone
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...
Mining Apr 15, 2018 Rapaport News
Lesotho
910ct. Lesotho Diamond Sells for $40M
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...
Mining Mar 13, 2018 Rapaport News
Lucara Names New CEO 150
Lucara Names Eira Thomas as CEO
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...
Mining Feb 26, 2018 Rapaport News
Lesedi La Rona Sotheby's
Lack of Large Diamonds Dents Lucara Sales
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...
Mining Feb 21, 2018 Rapaport News
Sotheby’s Apollo and Artemis Diamonds
The Biggest and Boldest Auction Sales of 2017
Auctioneers Christie’s and Sotheby’s (as usual) generated much excitement in the diamond trade in 2017, putting some of the more interesting and colorful diamonds under the hammer. As the Rapaport News team looks back...
Polished Markets Dec 27, 2017 Rapaport News
Karowe mine Lucara
Lucara Foresees Improvement at Karowe
Lucara Diamond Corp. is predicting a rise in rough-diamond production andsales next year due to increased mining in the higher-value section of itsKarowe mine.Revenue should be between $170 million and $200 million in2018, the miner said last...
Mining Dec 03, 2017 Rapaport News
Lesedi La Rona
Lesedi La Rona Boosts Lucara Sales
Lucara Diamond Corp.’s revenue more than doubled in thethird quarter as it sold the 1,109-carat Lesedi La Rona rough diamond, theminer reported Thursday.Sales came to $77.9 million in the three months that endedSeptember 30, up from $38.1...
Mining Nov 05, 2017 Rapaport News
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