Lucara recovers magnificent diamond at Karowe

Karowe Minie
Karowe Minie

Lucara Diamond Corp. recovered a 341.90-carat gem-quality diamond from its Karowe mine in Botswana, while processing fragmental kimberlite from the central and south lobe interface.

The type IIa rough diamond shows exceptional colour and clarity, according to the firm. Lucara intends to sell the diamond along with two other stones that are larger than 100 carats.

The mining company also told investors that it is making progress on the plant optimisation project at Karowe and that construction activities are essentially completed.  Tracer testing of the new XRT diamond recovery machines has been completed and already a small volume of material was processed to check how it handles material, resulting in the recovery of a 7.80-carat diamond. Lucara anticipates that the new recovery and XRT sections will be integrated into the main treatment plant before the end of April. William Lamb, the CEO of Lucara, said: “The recovery of this magnificent stone once again confirms the quality of diamonds contained within the Karowe resource. Timing of the sale of these exceptional stones is still to be decided.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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