OPINION: (By Mark-Anthony Johnson) Lucara Diamond Corp. has announced the recovery of a 1,080-carat #diamond from its 100%-owned Karowe mine in #Botswana. The company said the diamond, measuring 82.2 x 42.8 x 34.2 mm is described as a Type 11a top white gem of high quality. It was recovered from the Coarse XRT unit at Karowe from direct milling of ore sourced from the M/PK(S) unit of the South Lobe area of the AK6 kimberlite.

The 1,080-carat diamond represents the fourth + 1,000 carat diamond recovered from the South Lobe of the AK6 #kimberlite since 2015. Other notable recoveries include the 1,758 carat Sewelo (2019), a 1,174 carat diamond (2021) and the 1,109 carat Lesedi La Rona (2015).

Botswana’s President Mokgweetsi Masisi: “I am so delighted to learn that Lucara has made yet another big diamond discovery at Karowe mine.”

“The latest diamond discovery is a 1080 carats stone, one of the largest stones recovered by Lucara.”

“This makes me so proud because diamonds have contributed significantly to the economy of our country and the development of this nation.”

“Lucara has made big Diamond discoveries in the past like the 1000 Carats Lesedi Larona stone which put our nation on the International map, truly showcasing us as the biggest diamond producer by value worldwide.”

Lucara is a member of the Lundin Group of companies. The Lucara mine has been in production since 2012 and is the focus of the company’s operations and development activities. Open pit operations are expected to continue to 2026 with further underground potential to 2040.