Lucara Diamond Corp. discovered a 1,094-carat diamond at its Karowe mine in Botswana. This remarkable stone is similar to a 692-carat diamond found in August 2023.
"The recovery of this exceptional 1,094-carat diamond is a testament to Karowe's remarkable potential and further validates our investment in the underground expansion project. These continued discoveries of large, high-value diamonds demonstrate the consistent quality of our resource and its ability to deliver substantial returns," said William Lamb, President and CEO of the Canadian mining firm.
The discovery of this second massive diamond of over 1,000 carats in just one year reinforces the potential of Lucara's underground expansion project at the Karowe mine, according to the company's media. This project, designed to extend the mine's lifespan beyond 2040, is specifically targeting deeper sections of the South Lobe where the EMPKS ore type, known to produce large, high-quality diamonds, is abundant.