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Lucara builds on fast start with second major find

Unbroken 378-carat white gem could be worth $15 million.

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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