Lucara’s latest big diamond find is a 240-carat rough

Brecken Branstrator

Lucara has announced the recovery of a 240-carat rough diamond from its Karowe diamond mine in Botswana.

The “top white” gem diamond will be shown alongside the 127-carat rough diamond uncovered earlier in January as well as with other exceptional stones recently recovered from Karowe at Lucara’s upcoming diamond tender in March.

Karowe, which Vancouver, Canada-based Lucara owns in its entirety, opened in 2012. Since then, the company has recovered a total of 54 diamonds weighing more than 200 carats each, including 12 topping 300 carats.

The diamond miner said it has sold 180 diamonds for more than $1 million each and 10 diamonds for more than $10 million each.

This top white 240-carat gem diamond was mined from the M/PK(S) unit within the South Lobe, providing continuing confirmation that large, high quality gem diamonds are recovered throughout the kimberlite, in all lobes and phases on a regular basis,” CEO Eira Thomas said.

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Source National Jeweler