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

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.…

4th October 2024 Gold Fields applies groundbreaking technology of the Fleet Space Technologies

Machine learning. Source: Photo by Pietro Jeng on Unsplash

Space technology Fleet Space Technologies has informed about deploying its cutting-edge mineral exploration solution, ExoSphere that…

1st October 2024 Codelco is planning big investment in 2025

Metal ore. Source: Photo by Paul-Alain Hunt on Unsplash

Big plans Codelco has informed that it is ramping up its investments with a planned $6…

26th September 2024 Giant leap of Liebherr and Fortescue toward zero-emission mining

Handshake between Liebherr and Fortescue executives. Source: Fortescue official webpage

Historic moment Liebherr Group and Fortescue have made a press release informing us that they have…

25th September 2024 A tragic accident at a coal mine in South Khorasan

Miners at the excavation place. Source: Photo by Pedro Henrique Santos on Unsplash

Gas explosion BBC has informed about the gas explosion at a coal mine in South Khorasan…

24th September 2024 Britain and Indonesia signed MoU on critical minerals

Source: Photo by Takemaru Hirai on Unsplash

Memorandum of Understanding Last week Britain signed a Memorandum of Understanding with Indonesia to collaborate on…

20th September 2024 Promising Future for Adina Lithium Project

Lithium battery. Source: Photo by Vardan Papikyan on Unsplash

Bright future Winsome Resources Ltd has reinforced the potential of its $259 million Adina lithium project…