News

Botswana: Lucara recovers the third largest diamond of Karowe mine

Botswana: Lucara recovers the third largest diamond of Karowe mine
  • Comments   -   Friday, 13 April 2018 - 15:42

(Ecofin Agency) - Luraca Diamond announced yesterday April 12, it recovered a top light brown gem diamond of 472 carats at its karowe mine in Botswana. This is the third largest diamond recovered at the mine.

In 2018, mining at Karowe is focused in the high value south lobe, which consistently delivers large, high quality diamonds in excess of 10.8 carats in size,” the CEO Eira Thomas (photo) said, adding that this diamonds will be sold along with other exceptional stones recovered since the beginning of this year, as part of the first tender of exceptional stones later in 2018.

During the first quarter of 2018, the company recovered 218 special diamonds (more than 10.8 carats), including 4 stones of more than 100 carats.

So far, the two largest diamonds ever recovered at Karowe are Lesedi La Rona, a 1,109 carat stone and The Constellation, weighing 812.77 carats, all recovered in 2015. The first is also the second largest diamond ever recovered in the world; it was sold in September 2017 for $53 million, while The Constellation was sold in 2016 for $63.11 million.

Louis-Nino Kansoun

African Development Bank (AfDB) has finalized a $50 million equity participation investment in...
Read more |  20 April 2018
In Côte d'Ivoire, newsstand sale generated $5.6 million in 2017, down 18.8% from...
Read more |  20 April 2018
In Egypt, three power plants built by Siemens in Beni Suef, Brulus and...
Read more |  20 April 2018
Bassari Resources announces today April 20, the creation of Makabingui Gold Operation, a...
Read more |  20 April 2018
Mali’s national coordination of farmers’ organizations (CNOP) organized last April 17 a sharing...
Read more |  19 April 2018
African Development Bank (AfDB) has finalized a $50 million equity participation investment in...
Read more |  20 April 2018
In Côte d'Ivoire, newsstand sale generated $5.6 million in 2017, down 18.8% from...
Read more |  20 April 2018
Bassari Resources announces today April 20, the creation of Makabingui Gold Operation, a...
Read more |  20 April 2018
Mali’s national coordination of farmers’ organizations (CNOP) organized last April 17 a sharing...
Read more |  19 April 2018

Copyright Agence Ecofin © 2018. All Rights Reserved.