Supplier BulletinNov 21, 2024
Tasha R Releases 2025 Labbelle Lab Diamond Jewelry CatalogSponsored by Tasha R
SourcingNov 12, 2020
See the Nearly 1,000-Carat Diamond Lucara Just Dug Up
It’s from the Karowe mine in Botswana.
Lucara has just recovered its largest diamond find of the year from its 100 percent-owned Karowe diamond mine in Botswana. The stone weighs 998 carats.
Vancouver—Lucara Diamond Corp. is sharing its latest large diamond recovery, and this one’s a big one.
The Vancouver, Canada-headquartered mining company recovered a 998-carat diamond from its Karowe mine in Botswana, it announced this week.
The unbroken, high white clivage diamond measures 67 millimeters by 49 millimeters by 45 millimeters.
This year, Lucara has dug up 31 diamonds weighing over 100 carats from Karowe, including 10 weighing over 200 carats and two weighing over 500 carats. (The second largest diamond recovery of the year so far is the 549-carat Sethunya, which is to be cut by HB Antwerp and sold by Louis Vuitton.)
The 998-carat find is from the Karowe’s South Lobe, EM/PK(S) unit and was preceded by several other large recoveries in the area: a 273-carat, 105-carat, 83-carat, 73-carat and 69-carat diamond.
Lucara called the specific area “an important economic driver for the proposed underground mine” in a press release.
The stone was discovered in MDR or “Mega Diamond Recovery” XRT circuit, which allows diamond recovery after the primary crushing phase but before milling.
CEO Eira Thomas said: “Lucara is extremely pleased with the continued recovery of large high-quality diamonds from the South Lobe of the Karowe mine. To recover two +500 carat diamonds in 10 months along with the many other high quality diamonds across all the size ranges is a testament to the unique aspect of the resource at Karowe and the mine's ability to recover these large and rare diamonds.”
She continued, “Operations at Karowe have continued through 2020 and operational challenges, due to COVID-19 restrictions, have been met with professionalism by the team. We look forward to a safe finish to 2020 and continued success at Karowe as we remain focused on strong operations to ensure maximum resource performance."
Just as HB Antwerp is cutting the Sethunya, which Lucara recovered from Karowe in February this year, it will cut the new nearly 1,000-carat diamond per a partnership in which the former buys all diamonds from the latter in 2020 weighing more than 10.8 carats.
HB Antwerp’s Communications and External Affairs Director, Margaux Donckier, who joined the company recently, said: “This exceptional diamond of 998 carats, measuring 67x49x45 mm, will be analyzed, planned and cut in Antwerp.
“Over the past few months, HB Antwerp has developed special technology to measure, laser and analyze these exceptionally large diamonds. This technology comes in handy right away.”
The Vancouver, Canada-headquartered mining company recovered a 998-carat diamond from its Karowe mine in Botswana, it announced this week.
The unbroken, high white clivage diamond measures 67 millimeters by 49 millimeters by 45 millimeters.
This year, Lucara has dug up 31 diamonds weighing over 100 carats from Karowe, including 10 weighing over 200 carats and two weighing over 500 carats. (The second largest diamond recovery of the year so far is the 549-carat Sethunya, which is to be cut by HB Antwerp and sold by Louis Vuitton.)
The 998-carat find is from the Karowe’s South Lobe, EM/PK(S) unit and was preceded by several other large recoveries in the area: a 273-carat, 105-carat, 83-carat, 73-carat and 69-carat diamond.
Lucara called the specific area “an important economic driver for the proposed underground mine” in a press release.
The stone was discovered in MDR or “Mega Diamond Recovery” XRT circuit, which allows diamond recovery after the primary crushing phase but before milling.
CEO Eira Thomas said: “Lucara is extremely pleased with the continued recovery of large high-quality diamonds from the South Lobe of the Karowe mine. To recover two +500 carat diamonds in 10 months along with the many other high quality diamonds across all the size ranges is a testament to the unique aspect of the resource at Karowe and the mine's ability to recover these large and rare diamonds.”
She continued, “Operations at Karowe have continued through 2020 and operational challenges, due to COVID-19 restrictions, have been met with professionalism by the team. We look forward to a safe finish to 2020 and continued success at Karowe as we remain focused on strong operations to ensure maximum resource performance."
Just as HB Antwerp is cutting the Sethunya, which Lucara recovered from Karowe in February this year, it will cut the new nearly 1,000-carat diamond per a partnership in which the former buys all diamonds from the latter in 2020 weighing more than 10.8 carats.
HB Antwerp’s Communications and External Affairs Director, Margaux Donckier, who joined the company recently, said: “This exceptional diamond of 998 carats, measuring 67x49x45 mm, will be analyzed, planned and cut in Antwerp.
“Over the past few months, HB Antwerp has developed special technology to measure, laser and analyze these exceptionally large diamonds. This technology comes in handy right away.”
More on Sourcing
The Latest
AuctionsNov 21, 2024
Gold Watch Gifted to Titanic Rescue Ship Captain Sells for $2MThree Titanic survivors presented him with the personalized Tiffany & Co. timepiece about a year after the tragedy.
MajorsNov 21, 2024
Harris Jewelry Ordered to Reopen Claims Portal for Refund RequestsA federal court found that the jewelry store chain violated terms of the settlement reached after it was accused of defrauding customers.
Brought to you by
Navigating Cybersecurity: Essential Guidance for JewelersFrom protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
CollectionsNov 21, 2024
Channel Elphaba in Muse’s ‘Have a Heart x Cynthia Erivo’ CollectionCynthia Erivo chose Dreams of Hope, an organization dedicated to empowering LGBTQA+ youth, as the charity for this year’s collection.
Weekly QuizNov 14, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
MajorsNov 21, 2024
Rocksbox Opens Pop-Up Store in San FranciscoThe new space was designed to evoke a warm, inviting vibe.
IndependentsNov 21, 2024
Mary Moses Kinney Is Now Part of The Edge’s Team Kinney, who spent nearly 30 years at IJO, has been hired to head Abbott Jewelry Systems’ new virtual marketplace.
Brought to you by
Enhance Your Expertise with IGI’s In-Person Courses in NYCThis fall, sharpen your skills in jewelry grading, quality control and diamond assessment.
CrimeNov 20, 2024
Sotheby’s to Pay $6.25M Settlement to NY State for Alleged Tax FraudThe auction house was accused of helping clients avoid paying taxes on millions of dollars’ worth of art purchased from 2010 to 2020.
Events & AwardsNov 20, 2024
Kering Debuts New Jewelry Award With Sustainability FocusThe four finalists will present their pieces at the 2025 JCK Las Vegas show.
CollectionsNov 20, 2024
Pamela Love Channels Surrealist Artists in New CollectionThe “Camera Oscura” collection showcases earring designs celebrating female Surrealist artists Claude Cahun and Leonor Fini.
Policies & IssuesNov 20, 2024
Columbia Gem House Raises $10K for Reforestation EffortsThe money will fund the planting of 10,000 trees in critical areas across Oregon, Arizona, Montana, and other regions.
Events & AwardsNov 20, 2024
The Jewelry Symposium Opens Registration, Scholarship ApplicationsThe event centered on advancing jewelry manufacturing technology will return to Detroit in May 2025.
CrimeNov 19, 2024
Woman Killed in Armed Robbery of Sacramento Jewelry StoreLocal reports identified the woman as the wife of the jewelry store owner.
AuctionsNov 19, 2024
‘A Tsar’s Treasure’ Fetches $2.9M at Sotheby’s Jewelry SaleA collection of pieces owned by Ferdinand I, the first king of modern Bulgaria, and his family, blew away estimates in Geneva last week.
MajorsNov 19, 2024
Trove Opens First US Flagship in NYCThe Australian jewelry box brand’s new West Village store will showcase new jewelers each month through its Designer in Residence program.
CollectionsNov 19, 2024
Snoop Dogg’s New Jewelry Collection Is All About Love“Lovechild” was created in partnership with Carolyn Rafaelian’s Metal Alchemist brand.
EditorsNov 18, 2024
Q&A: Helzberg CEO Brad Hampton on the Jeweler’s RebrandHampton discussed how Helzberg is improving the customer experience and why it was inspired by the company formerly known as Dunkin’ Donuts.
Policies & IssuesNov 18, 2024
Reciprocity Jewels Returns to NYC Jewelry WeekThe group will host several curated events and an exhibition of designer jewelry made with Peruvian gold traceable to the miners’ names.
CollectionsNov 18, 2024
Dolly Parton Shines in Collaboration with Kendra ScottThe collection honors the 50th anniversary of Dolly Parton’s “Love is Like a Butterfly” song, which shares a birth year with Kendra Scott.
Events & AwardsNov 18, 2024
IGI Jewelry Design Competition ReturnsThis year’s theme asks designers to take inspiration from classic fairy tales.
EditorsNov 15, 2024
Why Fine Jewelry Belongs at New York Comic ConSenior Editor Lenore Fedow makes the case for why more jewelers should be appealing to nerds at the annual event.
CollectionsNov 15, 2024
Marie Lichtenberg Battles Counterfeits with New ‘Raiz’in Scapular’ DesignsThe latest “Raiz’in” drop showcases a newly designed “Scapular” necklace and donates a portion of the proceeds to Make-A-Wish France.
WatchesNov 15, 2024
Piece of the Week: Citizen’s Commemorative Pocket WatchNo. 1 out of 100, the timepiece was created to mark Citizen’s 100th anniversary and will be auctioned off at Sotheby’s next month.
Recorded WebinarsNov 15, 2024
Watch: 10 Tips to Keep Your Jewelry Store Secure On the latest episode of “My Next Question,” two experts share best practices for store security during the holidays and year-round.
AuctionsNov 14, 2024
18th-Century Diamond Necklace Sells for Nearly $5M Sotheby’s sold the necklace, which potentially has ties to Marie-Antoinette, for $4.8 million to a woman bidding via phone.
MajorsNov 14, 2024
Saks Fifth Avenue Cancels Holiday Light DisplayInstead of its usual elaborate display, the store will illuminate its façade and frame the windows to highlight its flagship’s architecture.
