• BSB’s net profit jumps 230%July 9, 2025
    Delivers P76.8m net profit from P23.3m   RelatedPosts BSB’s net profit jumps 230% BPP feasting on the BDP CEOs face axing STAFF WRITER editors@thepatriot.co.bw   Botswana Savings Bank (BSB) has hailed its bold three-year strategy – Lesedi 2022-2025 –… Read more: BSB’s net profit jumps 230%
  • BPP feasting on the BDPJuly 8, 2025
    Welcomes defecting BDP members Ex-minister Makgalemele dumps BDP to join BPP Motive of some seen as opportunistic BAKANG TIRO editors@thepatriot.co.bw RelatedPosts BSB’s net profit jumps 230% BPP feasting on the BDP CEOs face axing A strategic partner in the… Read more: BPP feasting on the BDP
  • STRIDES FOR SUCCESS: VACANICESJuly 7, 2025
    RelatedPosts STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER UNIVERSITY OF BOTSWANA : Professor in Sociology
  • FARM TRAQUAIR : FARM WORKERJuly 7, 2025
    RelatedPosts STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER UNIVERSITY OF BOTSWANA : Professor in Sociology
  • UNIVERSITY OF BOTSWANA : Professor in SociologyJuly 7, 2025
    RelatedPosts STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER UNIVERSITY OF BOTSWANA : Professor in Sociology
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
  • Login
  • Register
Sunday, July 13, 2025
17 °c
Gaborone
21 ° Tue
22 ° Wed
24 ° Thu
26 ° Fri
The Patriot On Sunday
Subscribe
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result
Home Business

LUCARA RECOVERS EXCEPTIONAL 549 CARAT WHITE GEM DIAMOND FROM THE KAROWE MINE IN BOTSWANA

patriot by patriot
November 21, 2020
in Business
240
0
491
SHARES
1.4k
VIEWS
ShareShareShare

Lucara Diamond Corp. (“Lucara” or the “Company”) is pleased to announce the recovery of an unbroken 549 carat white diamond of exceptional purity from its 100% owned Karowe Diamond Mine located in Botswana (Image Attached). The 549 carat diamond was recovered from direct milling of ore sourced from the EM/PK(S) unit of the South Lobe. This follows the recent recovery of a gem quality 176 carat stone from the same ore block. The EM/PK(S) continues to produce large gem quality diamonds in line with expectations and forms an important economic driver for the potential underground mine at Karowe. The EM/PK(S) has also delivered other high value diamonds including the 1,758 carat Sewelô, the 1,109 carat Lesedi La Rona, and the 813 carat Constellation diamond.

549 Carat White Gem Diamond from Lucara’s Karowe Mine in Botswana (CNW Group/Lucara Diamond Corp.)

RelatedPosts

BSB’s net profit jumps 230%

Rough diamonds turbulence

BVI ships over 500 000 doses of FMD vaccines to SA

The 549 carat diamond was recovered in the MDR (Mega Diamond Recovery) XRT circuit that allows for diamond recovery post primary crushing and prior to milling. The 549 carat diamond is the second diamond recovered from the MDR which was commissioned in 2017. Year to date in 2020 Karowe has produced 6 diamonds greater than 100 carats. Lucara will undertake a decision on the sale of the 176 and 549 carat diamonds in due course.

Eira Thomas, Lucara’s CEO commented: “Lucara is extremely pleased to be starting off 2020 with the recovery of two, large, high quality diamonds that builds on the positive momentum generated following the completion of a strong 4th quarter sale in December and the announcement of our ground breaking partnership with Louis Vuitton on the Sewelô in January. The unbroken 549 carat diamond is the fourth largest diamond recovered at Karowe and the first large gem to be recovered through the MDR. We look forward to continued success at Karowe and an exciting 2020.”

This press release has been reviewed and approved by Dr. John Armstrong, Ph.D. P.Geol., Vice-President, Technical Services of the Company and a “Qualified Person” for the purposes of National Instrument 43-101.

Eira Thomas

President and Chief Executive Officer

Related

Tags: Botswanadiamondlucaraminemines

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

BUSINESS BOTSWANA STATEMENT ON THE 2020/2021 BUDGET SPEECH

Next Post

Larona Makgoeng appointed Stanbic Head of Incubator

Related Posts

BSB’s net profit jumps 230%
Business

BSB’s net profit jumps 230%

July 9, 2025
Rough diamonds turbulence
Business

Rough diamonds turbulence

July 7, 2025
BVI ships over 500 000 doses of FMD vaccines to SA
Business

BVI ships over 500 000 doses of FMD vaccines to SA

July 2, 2025
BTCL enjoys strong growth
Business

BTCL enjoys strong growth

June 30, 2025
From tenderpreneurship to true entrepreneurship
Business

From tenderpreneurship to true entrepreneurship

June 27, 2025
Digital Public Infrastructure as a Strategic Imperative
Business

Digital Public Infrastructure as a Strategic Imperative

June 27, 2025
Next Post
Larona Makgoeng appointed Stanbic Head of Incubator

Larona Makgoeng appointed Stanbic Head of Incubator

Please login to join discussion
  • BSB’s net profit jumps 230%July 9, 2025
    Delivers P76.8m net profit from P23.3m   RelatedPosts BSB’s net profit jumps 230% BPP feasting on the BDP CEOs face axing STAFF WRITER editors@thepatriot.co.bw   Botswana Savings Bank (BSB) has hailed its bold three-year strategy – Lesedi 2022-2025 –… Read more: BSB’s net profit jumps 230%
  • BPP feasting on the BDPJuly 8, 2025
    Welcomes defecting BDP members Ex-minister Makgalemele dumps BDP to join BPP Motive of some seen as opportunistic BAKANG TIRO editors@thepatriot.co.bw RelatedPosts BSB’s net profit jumps 230% BPP feasting on the BDP CEOs face axing A strategic partner in the… Read more: BPP feasting on the BDP
  • STRIDES FOR SUCCESS: VACANICESJuly 7, 2025
    RelatedPosts STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER UNIVERSITY OF BOTSWANA : Professor in Sociology
  • FARM TRAQUAIR : FARM WORKERJuly 7, 2025
    RelatedPosts STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER UNIVERSITY OF BOTSWANA : Professor in Sociology
  • UNIVERSITY OF BOTSWANA : Professor in SociologyJuly 7, 2025
    RelatedPosts STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER UNIVERSITY OF BOTSWANA : Professor in Sociology
The Patriot On Sunday

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?