Diamond mining company Lucara Diamond Corp. has recovered a 1,094-carat diamond from its Karowe mine in northeastern Botswana.
The discovery is the sixth diamond over 1,000 carats recovered from the Karowe mine since opening in 2012 and comes after the recovery of a 2,492-carat diamond – the second largest ever found – from the same mine in August this year.
The 1,094-carat stone bears similarities to a 692-carat diamond recovered in August 2023, which yielded polished diamonds that sold for over $13 million.
The discovery comes ahead of plans by Lucara to expand the Karowe mine to include underground operations, which is poised to extend the mine’s lifespan beyond 2040.
The diamond will be polished by Lucara’s manufacturing partner HB Antwerp.
