RJ Market Watch
Lucara Unearths 223-carat White Diamond in Botswana
Botswana based Karowe diamond mine which is owned by London based miner Lucara Diamond Corp announced on Tuesday that it has discovered a 223 carat top white gem. According to Lucara, the diamond will be shown alongside the 240 carat, an 127 carat top white diamond reported earlier this year together with other exceptional single diamonds recently discovered in the Karowe mine.
They will be displayed at Lucara’s upcoming diamond tender closing in March this year.
Commenting on this latest development, Lucara Chief Executive Officer Eira Thomas said the year 2019 is off to a great start with several high quality diamonds in excess of 100 carats having been discovered by mid February.
He said this is a testament to the stable operating environment that has prevailed at Karowe mine since 2018.
Thomas said the 127 carat and 240 and 223 carat gems will be available for sale alongside other exceptional single diamonds at their first diamond tender year, closing around 7th March this year. Eira Thomas CEO commented: “2019 is off to a great start, with several, high quality diamonds in excess of 100 carats having been recovered by mid February, a testament to the strong, stable operating environment that has prevailed at Karowe since late 2018. The 127 carat, 240 carat and 223 carat gems will be made available for sale alongside other exceptional, single diamonds at our first diamond tender of the year, closing on March 7, 2019.”
Karowe diamond mine continues to produce exceptional diamonds since they were discovered in Botswana in the 1960s by De Beers Diamond Company.
(Press Release)
- Daily News2 months ago
PC Jeweller to subdivide shares with 1:10 stock split amid record-breaking growth
- Daily News2 months ago
Kalyan Jewellers unveils limited edition ‘Pushpa’ collection ahead of Pushpa 2 release
- Daily News2 months ago
Bhima Jewellery sets Guinness World Record with ₹200 Crore Single-Day Sales on centenary celebration
- Exclusive2 months ago
MK Jewels’ Pink Tag Offer sparks 20 per cent sales growth across stores