472-carat diamond found in Botswana

| May 3rd, 2018

472-carat diamond found in Botswana
"472-carat diamond found in Botswana"

Lucara Diamond Corp. announced Thursday that the Karowe diamond mine in Botswana has yielded another big stone, this one weighing 472 carats.

The diamond, described as a “top light brown” stone, is the third largest diamond ever recovered from Karowe, which also yielded the 1,109-carat diamond dubbed the “Lesedi La Rona,” which was purchased by Graff Diamonds in September for $53 million.

The second-largest diamond ever found at Karowe was the 812.77-carat “Constellation” diamond, which was discovered just a few days after the Lesedi La Rona in the fall of 2015. The Constellation sold in May 2016 for $63 million.

Lucara CEO Eira Thomas said that this year the company is focused on mining at the high-value south lobe, which is known as a consistent source of diamonds weighing more than 10.8 carats.

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Source National Jeweler

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