Lucara pulls rare 36.92-carat blue diamond from Karowe stockpile
Lucara Diamond recovered a 36.92-carat Type IIb blue diamond from stockpiled ore at its Karowe mine in Botswana, only the second such find since operations began.
Lucara Diamond recovered a 36.92-carat Type IIb blue diamond from stockpiled ore at its Karowe mine in Botswana, only the second such find since operations began.
Lucara Diamond's 2025 revenue fell 22% to $159.7m and profit dropped 35% to $26.1m, as a shortage of very large stones offset resilient prices at Botswana's Karowe mine.
Lucara Diamond has filed an updated feasibility study for its Karowe underground project in Botswana, outlining $779 million in development capital and roughly ten years of additional mine life.