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Lucara Diamond recovers 1,758 carat stone from prolific Botswana mine

The 1,758 carat uncut diamond weighs close to 352 grams and measures 83 millimetres by 62 mm by 46 mm

Man looking at diamond
The mine has now produced two diamonds greater than 1,000 carats in four years

Shares in Lucara Diamond Corp (TSE:LUC) fell back Friday having surged 11% yesterday following news of its discovery in Botswana of one of the largest  stones ever at its  Karowe mine.

The 1,758 carat uncut diamond weighs close to 352 grams and measures 83 millimetres by 62 mm by 46 mm

The mine has now produced two diamonds greater than 1,000 carats in four years.

Since introducing its XRT diamond recovery technology, Lucara has found 12 diamonds, which have been over 300 carats, including a 472 carat and a 327 carat diamond in April last year.

Lucara shares slipped 1.79% to $1.65 each.

Contact Giles at [email protected]

Quick facts: Lucara Diamond Corp

Price: 0.83 CAD

TSX:LUC
Market: TSX
Market Cap: $329.39 m
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