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Lucara builds on fast start with second major find

Lucara Diamond has recovered an unbroken 378-carat white gem diamond from its Karowe mine in Botswana – the company’s second major find of 2021.

Oonagh Reidy
Lucara Diamond's unbroken 378-carat white gem diamond discovered from its Karowe mine in Botswana

Lucara Diamond's unbroken 378-carat white gem diamond discovered from its Karowe mine in Botswana

Ray Raj, analyst at BMO Capital Markets, said the diamond could fetch over US$15 million, and spells good news for Lucara's cash flow amid plans to expand the underground at Karowe, a development estimated...

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