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World 2nd Largest Diamond 2,492-Carat Stone Possibly Worth $40 Million Found in Botswana in Karowe Mine Owned by Canada Lucara Diamond, Largest 3,106-Carat Diamond Found in South Africa in 1905, Botswana Produces 20% of Diamonds in the World
23rd August 2024 | Hong Kong
The world’s 2nd largest diamond 2,492-carat stone possibly worth $40 million has been found in Botswana in the Karowe mine, which is owned by Canada Lucara Diamond. The largest 3,106-carat diamond was found in South Africa in 1905. Botswana produces around 20% of diamonds in the world. Lucara Diamond (21/8/24): “Lucara Diamond Corp. (“Lucara” or the “Company”) is thrilled to announce the recovery of an exceptional 2,492 carat diamond from its Karowe Diamond Mine in Botswana. This remarkable find, one of the largest rough diamonds ever unearthed, was detected and recovered by the Company’s Mega Diamond Recovery (“MDR”) X-ray Transmission (“XRT”) technology, installed in 2017 to identify and preserve large, high-value diamonds. The stone was recovered from the processing of EM/PK(S) kimberlite, the dominant ore type that Lucara will continue to target during the first years of the Company’s underground mining operations. This discovery underscores Karowe’s reputation as a world-class asset and reaffirms Lucara’s position as a leading producer of large, exceptional diamonds. This latest recovery joins an impressive roster of other significant finds from the mine, including the 1,758 carat Sewelô and the 1,109 carat Lesedi La Rona. Botswana’s diamond industry delivers wide-ranging socio-economic benefits to the country that extend well beyond the mining sector. Its influence supports national development by funding critical areas such as education and healthcare. This discovery symbolizes Botswana’s continued ascent as a global leader in diamond production. It represents not only the unparalleled wealth found in Botswana’s soil, but also the remarkable progress the nation has made in developing its diamond industry for the benefit of its citizens.”
“ World 2nd Largest Diamond 2,492-Carat Stone Possibly Worth $40 Million Found in Botswana in Karowe Mine Owned by Canada Lucara Diamond, Largest 3,106-Carat Diamond Found in South Africa in 1905, Botswana Produces 20% of Diamonds in the World “
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Lucara – Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine has been in production since 2012 and is the focus of the Company’s operations and development activities. Clara Diamond Solutions Limited Partnership (“Clara”), a wholly-owned subsidiary of Lucara, has developed a secure, digital sales platform that ensures diamond provenance from mine to finger. Lucara has an experienced board and management team with extensive diamond development and operations expertise. Lucara and its subsidiaries operate transparently and in accordance with international best practices in the areas of sustainability, health and safety, environment, and community relations. Lucara is certified by the Responsible Jewellery Council, complies with the Kimberley Process, and has adopted the IFC Performance Standards and the World Bank Group’s Environmental, Health and Safety Guidelines for Mining (2007). Accordingly, the development of the Karowe underground expansion project (“UGP”) adheres to the Equator Principles. Lucara is committed to upholding high standards while striving to deliver long-term economic benefits to Botswana and the communities in which the Company operates.
World 2nd Largest Diamond 2,492-Carat Stone Possibly Worth $40 Million Found in Botswana in Karowe Mine Owned by Canada Lucara Diamond, Largest 3,106-Carat Diamond Found in South Africa in 1905, Botswana Produces 20% of Diamonds in the World
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