Category Archives: Botswana

1,111 carat diamond recovered by Lucara: the largest for more than a century

LARGEST WHITE ROUGH DIAMOND FOUND IN BOTSWANA IN RECENT TIMES

lucara diamond image www.worldwidediamonds.info

It was an extraordinary feat by Lucara Diamond Corp. having discovered a 1,111 carat gem quality, Type IIa diamond. The discovery of the magnificent stone, which originated from the south lobe of Lucara’s Karowe Mine, makes it the discovery of the world’s second largest gem quality diamond ever recovered and the largest ever to be recovered through a modern processing facility. The stone measures 65mm x 56mm x 40mm in size and is the largest ever to be recovered in Botswana.

lucara diamond in hands image www.worldwidediamonds.info

Lucara is a high quality diamond producer with assets in Botswana. The 1,111 carat stone was recovered by the newly installed Large Diamond Recovery (LDR) XRT machines.

William Lamb, President and CEO, commented, “This historic diamond recovery puts Lucara and the Karowe mine amongst a select number of truly exceptional diamond producers. 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.”

ooo

Henry Sapiecha

$6m diamond goes missing during labour dispute

Ekati Spirit sold for $6m in 2011. Image BHP Billiton www.worldwidediamonds.info

The Ekati Spirit was sold by BHP Billiton in 2011 and at the time described as “the most valuable stone in the mine’s 13-year history.” BHP has since exited the diamond business.

The Namibian government is in the process of changing its arrangement with Namdeb and NDTC and could set up its own selling organization.

Namdeb, the second largest employer in Namibia, sends the bulk of its production to De Beers sorting facilities in neighbouring Botswana, the world’s number one diamond producer, where it is mixed with other De Beers stones.

After that, only 10% of the total sent is returned to Namibia, where they are sold through NDTC.

Namibia has the richest known marine diamond deposits in the world, estimated at more than 80 million carats.

They represent approximately 64% of Namdeb’s total diamond production of 1.8 million carats and 90% of its diamond resources.

Police in Namibia are hunting for a 78-carat diamond after the gem went missing during a recent strike by 1,500 workers of the Namibia Diamond

NDTC, like the mining firm Namdeb, is a 50-50 joint venture between Anglo American’s De Beers unit and the Namibian government with a history dating back to the 1920s.

Bloomberg reports the value of the stone will “depend on the quality and size of the polished stones that can be cut from it,” but points to a 78-carat diamond mined from the Ekati mine in Canada’s north which sold for $6 million.

Henry Sapiecha

pink diamonds line image www.worldwidediamonds.info