news-BEYALY-Lucara announces new diamond discovery: a gem-quality rough diamond weighing 3935 carats
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Lucara announces new diamond discovery: a gem-quality rough diamond weighing 393.5 carats
2021-08-17

     A few days ago, Canadian diamond miner Lucara announced a new diamond discovery-a gem-quality rough diamond weighing 393.5 carats was mined at the Karowe mine in Botswana. This is the seventh diamond over 300 carats mined in the mine this year. Of diamonds.

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    This Type IIa diamond was mined from the M/PK(S) unit in the southern leaf of the Karowe mining area and has excellent whiteness and clarity.


    Lucara has renewed a 25-year mining license agreement with the Botswana government for the Karowe mining area. It is expected that the open-pit mines in the mining area will be exhausted by 2026 and will be transferred to underground mining. Lucara will spend US$514 million on an underground expansion project , It is expected to take 5 years to complete, and the mining period of the mining area is expected to be extended to 2040.


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