A Canadian mining company has made an amazing find.
Vancouver-based Lucara Diamond Corp says it retrieved a 1,111-carat stone inside its Karowe mine in Botswana, about 500km from the capital, Gaborone.
William Lamb, President and CEO of Lucara called the find historic: ” The significance of the recovery of a gem quality stone larger than 1,000 carats, the largest for more than a century and the continued recovery of high quality stones from the south lobe, cannot be overstated. Our focus on mining the south lobe, which is delivering value beyond expectation, has been perfectly timed with the commissioning of our recent plant modifications, enabling the recovery of these large, high quality exceptional diamonds.”
Lucara says the company is in no rush to put the gem on the auction block. The stone is among the clearest and purest types of diamonds, called “Ila,” but putting a value on a cut and polished version of the stone now is nearly impossible, according to Lucara.