Exceptional Discovery: A 1,094-Carat Diamond Found in Botswana

Botswana continues to establish itself as one of the world leaders in the diamond industry with the recent discovery of a spectacular 1,094-carat diamond at the Karowe mine, operated by Lucara Diamond Corp. This impressive find follows closely on the discovery of another colossal diamond of 2,492 carats, making the mine an essential reference for very large diamonds.

A Historic Discovery

This 1,094-carat diamond, discovered in September 2024, is one of the largest ever found. Since the Karowe mine opened in 2012, six diamonds of more than 1,000 carats have been recovered there, underlining the geological importance of the region. With this discovery, Botswana strengthens its position on the global diamond market and contributes significantly to its economy, which relies heavily on the exploitation of these precious resources.

A Strategic Partnership with HB Antwerp

The diamond will be polished by HB Antwerp, a renowned player in the field, with whom Lucara maintains an ongoing partnership. This collaboration has already produced spectacular results, with similar stones selling for millions of dollars. For example, a 692-carat diamond discovered in August 2023 and polished by HB Antwerp sold for more than 13 million dollars.

What It Means for Botswana

Botswana is the world's largest diamond producer by value, and the industry's revenues are essential to the country. Thanks to diamond mining, Botswana is able to fund critical infrastructure, provide free education and healthcare to its citizens, and support many small local businesses.

A Promising Future for the Karowe Mine

Lucara Diamond Corp. plans to extend the life of the Karowe mine until 2040 through an underground expansion project. This initiative will allow continued exploration and mining of this exceptional deposit, ensuring that Botswana's diamonds keep shining on the world market for decades to come.

To learn more about these exceptional discoveries, you can read the detailed articles on Natural Diamonds and Diamond World.