Karowe Yields Rare Blue and Pink Diamonds


‘ Lucara Diamond Corp has recovered two gem-quality colored diamonds from the high-value portion of its Karowe mine in Botswana.

The company unearthed a 9.74-carat blue diamond and a 4.13-carat pink from run-of-mine ore taken from the south lobe. The recovery follows the recent sale of a 2.24-carat blue from the site for $347,222 per carat, the miner said last week. Last month, the company found two gem-quality white stones in the south lobe, weighing 123 and 375 carats.

“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,” Lucara CEO Eira Thomas said.

The miner will offer the blue and pink diamonds at tender in December, she added. ‘

Source – Rapaport www.diamonds.net