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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.

Lucara builds on fast start with second major find Lucara builds on fast start with second major find Lucara builds on fast start with second major find Lucara builds on fast start with second major find Lucara builds on fast start with second major find

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