Lucara Diamond Corp., a Vancouver-based diamond company, has recovered a massive 1,111 carat diamond in Botswana, the world’s second largest gem-quality diamond ever discovered.
The type IIa diamond was found in the Karowe Mine in Botswana and is not only the second largest ever discovered, but the largest ever found through a modern processing facility, the Large Diamond Recovery XRT machines, and the largest ever found in Botswana.
The impressive rock is 65mm by 56mm by 40mm in size, about the size of a tennis ball.
One of the most famous diamonds in existence, the Cullinan Diamond, also a type IIa, was cut into nine pieces, one of which – the 530.2 carat Star of Africa – sits in the Crown Jewels collection. Its value is roughly $2 billion.
Discovering the yet-to-be-named diamond sets Vancouver’s Lucara Diamonds apart from the competitive global market, in a historical achievement being lauded around the world.
“This historic diamond recovery puts Lucara and the Karowe Mine amongst a select number of truly exceptional diamond producers,” said William Lamb, president and CEO of Lucara. “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.”
Just a day after discovering the 1,111 carat diamond, Lucara found two more massive stones, a 813 carat and 374 carat white diamond.
“I am truly at a loss for words,” added Lamb. “This has been an amazing week for Lucara with the recovery of the second largest and also the sixth largest gem quality diamonds ever mined. We are truly blessed by this amazing asset.”
A value of the diamond has not yet be set, but it will likely be in the billion dollar range.