“The recovery of this exceptional 1,094-carat diamond is a testament to Karowe’s remarkable potential and further validates our investment in the underground expansion project. These continued discoveries of large, high-value diamonds demonstrate the consistent quality of our resource and its ability to deliver substantial returns,” said William Lamb, President and CEO of Lucara.

The discovery of this second massive diamond, exceeding 1,000 carats in just one year, reinforces the potential of the Canadian firm’s underground expansion project at the Karowe Mine, according to the company’s media. This project, designed to extend the mine’s lifespan beyond 2040, specifically targets deeper sections of the South Lobe where the EMPKS ore type, known for producing large, high-value diamonds, is abundant.