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Lucara Diamond Unearths a Massive 2492-Carat Diamond

A Record-Breaking Discovery

In a groundbreaking discovery, Lucara Diamond Corporation (LUCTO) has unearthed a colossal 2492-carat diamond at its Karowe mine in Botswana. This gem, reportedly the second-largest diamond found in the past century, instantly surpasses Lucara's previous record-holding find.

The Significance of the Find

The sheer size and rarity of this diamond make it an extraordinary discovery. It ranks as the second-largest diamond ever found, trailing only the legendary 3106-carat Cullinan Diamond, discovered over a century ago in South Africa.

The find is not only significant for its size but also its quality. Initial assessments indicate that the diamond is of exceptional quality, with a high potential for yielding exceptional polished gems.

The Lucara Diamond Mine

The Karowe mine, where the discovery was made, is known for its remarkable production of large, high-quality diamonds. This mine has previously yielded several other notable diamonds, solidifying its reputation as one of the world's most prolific diamond sources.

Mine Facts:

• Located in Central Botswana
• Operated by Lucara Diamond Corporation
• Known for producing large, high-quality diamonds
• Has yielded several record-breaking diamonds, including the 1758-carat “Sewelo” diamond

The Value and Future of the Discovery

The exact value of the 2492-carat diamond cannot be determined until it has been cut and polished. However, experts estimate that it could fetch tens of millions of dollars at auction.

The discovery is expected to have a positive impact on Lucara Diamond Corporation, increasing its value and solidifying its position as a leader in the diamond industry.

Conclusion

The discovery of the 2492-carat diamond is a significant event for Lucara Diamond Corporation and the diamond industry as a whole. This remarkable find underscores the continued potential for extraordinary diamond discoveries in Botswana and the enduring allure of these precious gems.