Canada’s Lucara Diamond Corp made a historic discovery at its Karowe mine in Botswana- a 2,492-carat diamond, one of the largest ever mined. While the exact value remains undisclosed, the sheer size of the gemstone places it as the second largest rough diamond ever unearthed, following the famous 3,106-carat Cullinan diamond found in South Africa in 1905, which eventually became part of the British crown jewels after grinding and polishing.
President and CEO of Lucara, William Lamb, expressed excitement over the find, highlighting the exceptional nature of the diamond. The Karowe mine has a reputation for producing large stones, with previous notable finds like the 1,758-carat Sewelô and the 1,109-carat Lesedi La Rona diamonds.
Today, the diamond will be presented to the President of Botswana, Mokgweetsi Masisi, in a ceremony marking this significant discovery. Botswana, known as the world’s leading producer of diamonds by value, recently proposed legislation requiring mining companies to sell a 24 percent stake in mines to local investors.
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