Lucara Recovers 10ct. Blue & 4ct. Pink Diamonds from Karowe Mine

Mining and Exploration
26/09/2019 14:54

Lucara Diamond Corp. has recovered an "exceptional" blue, 9.74-carat gem-quality diamond and a 4.13-carat pink gem-quality diamond from direct milling of South Lobe ore from its 100% owned Karowe Diamond Mine located in Botswana, the miner announced today. This follows the recent sale of a 2.24-carat blue which sold for US$347,222 per carat and other historic colored diamonds that have been recovered from Karowe in the past, including the 9.46ct "Aven Blue" which sold for US$477,000 per carat in 2012.

Eira Thomas, Lucara's CEO commented: "Lucara is extremely pleased with the recovery of these rare, sizeable, fancy colored diamonds, which have the potential to contribute meaningful value to our regular production of large, high value type IIa diamonds. We look forward to offering these diamonds in our fourth quarter tender to be held in December 2019."