Lucara Diamond Corporation has officially named its extraordinary 2,488-carat diamond, discovered in August at the Karowe mine in Botswana. The gem, now known as Motswedi, holds the title of the world’s second-largest diamond ever unearthed. The name Motswedi, meaning “a water spring” or “flowing underground water that emerges to sustain life,” was chosen from over […]

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Lucara’s on-off deal for HB Antwerp to sell its specials from the Karowe mine, Botswana, is back on again. The Canadian miner yesterday (18 February) announced details of a 10-year deal that is very similar to the one it abruptly ended last September. Lucara was less than a year into a 10-year agreement when it […]

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Lucara is forecasting a revenue increase of at least 30 per cent next year after cutting its 2023 prediction earlier this month. The Vancouver-based miner said it would be using it sales channels to maximize revenue and generate consistent cash flow. In September it ditched a 10-year deal with HB Antwerp to sell the +10.8-ct […]

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