Platinum’s rare nature gives it additional value and appeal

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Marco Carniello: We want to continue to be the engine boosting the jewellery industry

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There is a significant need for smart and technological financial solutions in the diamond industry

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The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

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23 august 2021

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16 august 2021

Lucara unearths 123 ct gem quality diamond at Botswana mine

20 september 2019

Lucara Diamond has recovered a 123 carat gem quality top white Type II diamond from its wholly-owned Karowe mine, in Botswana.
The stone was recovered from direct milling ore sourced from the EM/PK(S) unit of the South Lobe.
The EM/PK(S) previously delivered the 1,109 carat Lesedi La Rona, the 813 carat Constellation and the recently recovered 1,758 carat Sewelô.

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Image credit: Lucara


"Lucara is pleased with the continued strong performance of the mine and the consistent recovery of large, high quality diamonds that contribute more than 70% of Lucara's total revenues,” said company chief executive Eira Thomas.
Karowe has so far produced 29 diamonds greater than 100 carats since the beginning of the year.
Meanwhile, Lucara sold 19 diamonds in excess of $1 million each during the three completed tenders of the year.
This included seven stones sold for more than $2 million and one for over $8 million.  
“Attendance at our sales remains high, a testament to our well-established client base and Karowe's production profile, which continues to be well regarded and sought after in the marketplace,” said Thomas.
She said their client base for Clara has grown from four to over 20 customers since the beginning of the year.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished