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692 carat diamond recovered from Karowe mine

Vancouver, British Columbia – The Karowe diamond mine in Botswana has just delivered another diamond over 100 carats.

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Owner and operator Lucara Diamond Corp. announced Monday that it has recovered a 692.3 carat stone from the mine.

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The diamond, which measures 46.5 x 40.7 x 28.4 mm, is a Type IIa diamond. Lucara said it was found in the MDR (mega-diamond recovery) XRT unit during direct milling of ore from the mine’s south lobe.

The discovery of the 692-carat diamond comes less than two weeks after the company announced that the South Lobe had produced its fourth rough diamond of more than 1,000 carats since 2015.

The 1,080.1-carat diamond is also a Type IIa stone and was recovered from the Coarse XRT unit.

Lucara CEO William Lamb said the 692-carat diamond was the 20th stone of more than 100 carats recovered at Karowe so far this year.

He said the discovery “strongly supports” the company’s expectation of finding larger diamonds as it moves underground at the mine, as the majority of the material mined will be from the same phase of the kimberlite.

Lamb, who first served as Lucara’s CEO from May 2011 to February 2018, took up the role again earlier this month, replacing Eira Thomas.

Underground production at Karowe was originally expected to begin in the second half of 2026, but the company announced last month that it would take longer and cost more than originally planned.

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Alice
Alice
Alice is a seasoned jewelry designer renowned for her exquisite creations that seamlessly blend artistry with elegance. With a passion for craftsmanship and an unwavering commitment to quality, Alice has established herself as a distinguished figure in the world of fine jewelry. Drawing inspiration from diverse cultures and artistic movements, Alice brings a unique perspective to her designs, creating pieces that transcend mere accessories to become timeless works of art. Her meticulous attention to detail and insistence on using only the finest materials ensure that each creation reflects not only her artistic vision but also a commitment to unparalleled craftsmanship. Having honed her skills through years of dedicated practice and a keen understanding of evolving trends, Alice is adept at translating her clients' desires into bespoke, one-of-a-kind pieces. Her portfolio encompasses a range of styles, from classic and timeless to avant-garde and contemporary, showcasing her versatility and ability to cater to a diverse clientele.

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