Kitco News - Lucara Diamond (TSX: LUC) announced on Sunday that it recovered a 1,094 carat rough diamond from its 100% owned Karowe Mine in Botswana.
In August Lucara recovered a 2,492 carat diamond from the same mine.
The company said that the newly recovered 1,094 carat diamond is the sixth stone in excess of 1,000 carats recovered by Lucara.
"The recovery of this exceptional 1,094 carat diamond is a testament to Karowe's remarkable potential and further validates our investment in the underground expansion project," said William Lamb, President and CEO of Lucara. "These continued discoveries of large, high-value diamonds demonstrate the consistent quality of our resource and its ability to deliver substantial returns. As we progress with our underground development, we're increasingly confident in Karowe's capacity to produce these legendary diamonds well into the future, cementing our position in the high-end diamond market."
