Lucara
Lucara Diamond Corp. is a prominent diamond mining company best known for its operations at the Karowe mine in Botswana, a key source of high-value rough diamonds. For the UK jewellery trade, Lucara is a significant upstream supplier whose production volumes, auction strategies, and technological innovations—such as its use of blockchain and digital sales platforms—have ripple effects across the supply chain. Jewellery Focus covers Lucara’s financial performance, notable diamond recoveries, sustainability efforts, and strategic partnerships, offering valuable insights for wholesalers, manufacturers, and retailers tracking global diamond supply dynamics and pricing trends.
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Sep- 2017 -26 SeptemberAuctions
Largest diamond in 100 years sells for $53m
The largest diamond to be discovered in over a century has been sold to London-based luxury jewellers, Graff Diamonds for $53m (£39m). 1,109 carat Lesedi La Rona diamond was recovered from a Botswana mine by Canada’s Lucara nearly two years ago. This makes the diamond worth $47,777 (£35,374) per carat.…
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May- 2017 -16 MayAuctions
Graff Diamonds acquires 323-carat diamond for £13.5m
British jewellers Graff Diamonds says it has acquired a 323.72-carat rough fragment of the Lesedi La Rona diamond. The rough diamond, which was mined in Botswana, was sold by Lucara Diamond Corp for $17.5m (£13.5m) last week to an undisclosed buyer. Graff Diamonds subsequently revealed that it had made the…
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Mar- 2017 -17 MarchCurrent Affairs
Sierra Leone pastor finds huge 709-carat diamond
A Christian pastor in Sierra Leone has discovered one of the world’s largest uncut diamonds. The 709-carat stone was found by Emmanuel Momoh in the Kono district. He handed it to to a local chief who then passed it on to Sierra Leone’s president Ernest Bai Koroma. The diamond is…
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Jun- 2016 -30 JuneAuctions
Largest diamond discovered in a decade fails to sell at auction
The world’s largest rough diamond found in a decade has failed to sell at a London auction after bids did not reach the minimum reserve price. The 1109-carat ‘Lesedi la Rona’ – the largest rough diamond in existence today – was uncovered by diamond production firm Lucara in November 2015…
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May- 2016 -9 MayCurrent Affairs
Lucara sells rough diamond for record-breaking £43.5m
Diamond production firm Lucara has announced it has achieved the highest price ever achieved for the sale of a rough diamond. The 812.77-carat type IIa rough diamond, which was recovered from the Karowe mine in Botswana in november last year, has been sold by the company for $63m (£43.5m). As…
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5 MayAuctions
Largest rough diamond discovered in 100 years could fetch £48m at auction
The largest rough diamond to be discovered in over a century could sell for more than $70m (£48m) at a Sotheby’s auction. The 1109-carat ‘Lesedi la Rona’ – the largest gem-quality rough diamond to be discovered in over a century and the largest rough diamond in existence today – will…
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Nov- 2015 -19 NovemberInternational
Lucara finds 1,111-carat diamond in Botswana mine
Diamond producer Lucara has announced the recovery of a 1,111 carat gem quality, Type IIa diamond. The magnificent stone, which originated from the south lobe of Lucara’s Karowe Mine, is the world’s second largest gem quality diamond ever recovered and the largest ever to be recovered through a modern processing facility. The stone was…
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Aug- 2015 -20 AugustCurrent Affairs
Lucara recovers 336-carat diamond in Botswana
Diamond production company Lucara has recovered a type IIa, 336-carat diamond from its Karowe Mine in Botswana. In addition the company also reported a number of “exceptional” diamonds, including a 184-carat, a 94-carat and an 86-carat stone. A 12-carat pink stone was also recovered, however the company said that it…
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Jun- 2015 -8 JuneInternational
WFDB to discuss co-operation with new Diamond Producers’ Association
The president of the World Federation of Diamond Bourses (WFDB) has said the upcoming presidents meeting between his body and the International Diamond Manufacturers’ Association will be used as an opportunity to discuss cooperating with the new Diamond Producers’ Association (DPA). Ernie Blom said: “I am looking forward to meeting some…
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May- 2015 -28 MayInternational
Big 7 diamond miners to form association
Seven of the world’s leading diamond mining companies have announced plans to form a new Diamond Producers Association (DPA). The founding members – ALROSA, De Beers, Rio Tinto, Dominion Diamond Corporation, Lucara Diamond Corporation, Petra Diamonds, and Gem Diamonds – said they will work together to “support the development of…
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