Lucara Diamond recovers 127carat diamond from Karowe
LUCARA DIAMOND Corp. has recovered a 127-carat, top-white gem diamond from its 100-per-cent-owned Karowe diamond mine located in Botswana. Since mining began at Karowe in 2012, a total of 129 diamonds in excess of 100 carats have been recovered, 33 in 2018 alone. That tally includes 12 diamonds larger than 300
carats in size, of which five were recovered in 2018. In addition, Lucara has sold 180 diamonds in ex c ess of $1-million each and 10 diamonds have sold for in excess of $10-million each. Eira Thomas, chief executive officer, commented: “The recovery of this latest, high-value, top-white 127carat diamond attests to the remarkable nature of the Karowe orebody, which has consistently delivered large, high-value diamonds throughout its history. Two thousand eighteen was a banner year, having recovered a record number of specials (diamonds over 10.8 carats in size) and, in 2019, mining will be largely focused on the high-value south lobe, including contributions from the newly refined EMPKS unit, which is now understood to be the source of both the historic 1,109-carat Lesedi la Rona and the 813-carat Constellation, which sold for a record $63.1-million (U.S.). The Karowe diamond mine currently boasts open-pit reserves of 2.6 million carats ex-
tending out to 2026 and is in the process of completing a feasibility study that could expand mining underground to 2036 and beyond.”
About Lucara Diamond Corp.
Lucara is a leading independent producer of large, exceptional-quality Type IIa diamonds from its 100-percent-owned Karowe mine in Botswana.
We seek Safe Harbor.
Richard Peter Clark, Paul Kenneth Conibear, Brian Douglas Edgar, V Marie Inkster, Lukas Henrik Lundin, Catherine A McLeod-Seltzer, Eira Margaret Thomas
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