This is the sixth diamond in excess of 1,000cts recovered from Karowe.
Karowe Mine
The Karowe diamond mine, located in Botswana, is a state-of-the-art mine which was fully commissioned in Q2 2012. Karowe, which means precious stone in the local language, is a large-scale operating mine and is one of the world’s foremost producers of large, high quality, Type IIA diamonds in excess of 10.8 carats. Notable recoveries include the historic 2,492ct stone, the 1,758 carat Sewelô, the 1,109 carat Lesedi La Rona and the 813 carat Constellation.
- OWNERSHIP:
- 100% - Lucara Botswana Proprietary Limited
- ROYALTY:
- 10%
- TYPE:
- Hard rock. Open pit. Mine plan to depth of 324 m. Underground operations to commence Q1 2028.
- STATUS:
- Mine development and production
- MINE LIFE:
- Open pit operations to 2026 with underground commencing in Q1 2028.
- PRODUCTION:
- 2.5 - 2.8 mtpa
Karowe Mine Summary
RESOURCES AND RESERVES
The mine plan is based on:
- Probable reserves from surface to a depth of 324 m below surface of 19.84 mt containing 2.6 million carats, total Mineral Reserve (including stockpiles) of 25.40 mt containing 2.96 million carats (effective date of May 25, 2018, based on 1.25mm bottom cut off size and 70% of the insitu carats at 1.00 BCOS).
- A total Indicated resource from surface to a depth of 600 m below surface of 57 mt containing 7.9 million carats including stockpiles (effective date of May 25, 2018, based on 1.25mm bottom cut off size and 70% of the insitu carats at 1.00 BCOS).
- Inferred resource from 600 m to 750 m below surface of 1.93 mt containing 1.17 million carats.
+1000 carats
6 diamonds recovered
+300 carats
37 diamonds recovered
+10.8 carats
+8,500 diamonds recovered