Lucara Diamond did it again!

30th August 2024 Lucara Diamond did it again!

2,492-carat discovery

Lucara Diamond has informed in its press released about recovery of an extraordinary 2,492-carat diamond from our Karowe Diamond Mine in Botswana! This incredible find, one of the largest rough diamonds ever discovered, was detected using our state-of-the-art Mega Diamond Recovery (MDR) X-ray Transmission (XRT) technology, which was installed in 2017 to identify and preserve large, high-value diamonds. The stone was recovered from the EM/PK(S) kimberlite, the primary ore type that will continue to be a focus during the initial years of underground mining operations.

This discovery further cements Karowe’s reputation as a world-class diamond mine and reaffirms Lucara’s standing as a leading producer of large, exceptional diamonds. This 2,492-carat diamond joins an impressive list of remarkable finds from Karowe, including the 1,758-carat Sewelô and the 1,109-carat Lesedi La Rona.

Value of the XRT

William Lamb, President and CEO of Lucara, after the discovery has stated: „We are ecstatic about the recovery of this extraordinary diamond. This find not only showcases the remarkable potential of our Karowe Mine but also underscores the value of our strategic investment in advanced XRT technology. The ability to recover such a massive, high-quality stone intact is a testament to the effectiveness of our approach to diamond recovery and our commitment to maximizing value for our shareholders and stakeholders.”

He further emphasized, „This discovery reinforces Karowe’s status as a truly world-class diamond mine and highlights the ongoing success of our operational and underground development strategy.”

Beyond mining, Botswana’s diamond industry provides significant socio-economic benefits, supporting national development in key areas like education and healthcare. This exceptional find symbolizes Botswana’s continued rise as a global leader in diamond production, reflecting the nation’s success in harnessing its natural resources for the benefit of its people.

Soure of feature image: Lucara Diamond official webpage

Next WMC Congress

World Mining Congress

2026

The 27th World Mining Congress will be organized in 2026 in Peru.

Learn more
27th
Next IOC Meeting

IOC / WMC Meeting

2024

The 105th IOC/WMC meeting will be organized on April 14th, 2024 in Santiago de Chile.

Learn more
105th

Our news Others news

31st October 2024 Compass Gold signs SMAT agreement

Gold bars. Source: Photo by Scottsdale Mint on Unsplash

SMAT agreement Compass Gold Corporation made a press release informing about the recent signing of a…

29th October 2024 New Agreement to Support Reparation and Recovery Following Fundão Dam Tragedy

Amazonia river aerial view. Source: Photo by Adam Śmigielski on Unsplash

Comprehensive agreement BHP Brasil, with Samarco Mineraçao and Vale have reached a comprehensive agreement with Federal…

24th October 2024 Serra Verde joins Minerals Security Partnership

Serra Verde plant aerial view. Source: Serra Verde official webpage.

Strategic partnership Serra Verde Group made a press release where it informs that it joined the…

22nd October 2024 India Seeks Critical Mineral Partnership with the U.S.

Various minerals. Source: Photo by Takemaru Hirai on Unsplash

Critical Mineral Partnership Agreement India's Trade Minister Piyush Goyal, announced that the country is pushing for…

18th October 2024 Protests against Rio Tinto’s Jadar Lithium Project in Serbia

Metal ore. Source: Photo by USGS on Unsplash

Hundreds of protesters gathered in Loznica, Serbia, to oppose Rio Tinto planned lithium project, fearing environmental…

18th October 2024 Manara Mineral about First Quantum’s Zambian assets

Open pit mine. Source: Photo by omid roshan on Unsplash

Potential deal Saudi Arabia's Manara Minerals is nearing a deal to acquire a 15-20% minority stake…

15th October 2024 Sibanye looks for $522 million compensation

100 dollar bills. Source: Photo by Vladimir Solomianyi on Unsplash

Claim Sibanye-Stillwater faces a $522 million compensation claim from Appian Capital Advisory LLP after the termination…

10th October 2024 Australian government extends operation in 3 coal mines

Underground coal mine. Source Unsplash

Extend operation The Australian government has given the green light for extended operations at three major…

8th October 2024 Rio Tinto Eyes Major Lithium Deal

Olaroz Lithium Project. Source: https://arcadiumlithium.com/operations-projects/

Rio move on Arcadium Bloomberg has informed that Rio Tinto has made a move on Arcadium…

4th October 2024 Paladin Energy acquisition under review

The nuclear power plant at night. Source: Photo by Nicolas HIPPERT on Unsplash

Under review Paladin Energy's planned $846 million acquisition of Fission Uranium has encountered a significant hurdle.…