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08/10/2025

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2,492-Carat Diamond Found in Botswana

by LAWIN.news August 22, 2024
written by LAWIN.news August 22, 2024
Botswana's President Mokgweetsi Masisi looks at a large diamond discovered in Botswana at his office in Gaborone on August 22, 2024. - The 2492 carat diamond was discovered in the Karowe mine in Botswana of Lucara Diamond Company. Botswana is one of the world's largest producers of diamonds, which constitute its main source of income, representing 30% of GDP and 80% of its exports. (Photo by Monirul BHUIYAN / AFP)
309

Gaborone, Botswana — A large diamond weighing 2,492 carats has been discovered in Botswana. This diamond is now the second largest known diamond globally. The Canadian mining company, Lucara Diamond Corp., made the announcement on Thursday.

The diamond was found in the Karowe Diamond Mine, located in northeastern Botswana. The discovery utilized x-ray detection technology, which has proven effective in the mining process. Lucara Diamond Corp. reported the details of the find in an official statement.

This notable discovery adds to the reputation of Botswana as a significant source of diamonds in the world. The Karowe Diamond Mine is known for producing large and high-quality diamonds. Lucara has previously uncovered other significant diamonds from this site.

The mining industry in Botswana plays a crucial role in the nation’s economy. Diamonds are one of Botswana’s key exports, contributing to the country’s wealth. The government of Botswana has long supported diamond mining, which has created jobs and provided income for many citizens.

Lucara Diamond Corp. has been active in Botswana’s diamond sector for several years. The company has focused on producing high-value diamonds, and the recent discovery aligns with its goal to enhance diamond production.

The diamond industry faces challenges, including market changes and environmental concerns. The discovery of the 2,492-carat diamond may provide opportunities for Lucara and Botswana to capitalize on the global demand for diamonds.

Lucara Diamond Corp. continues to explore advanced mining technologies to improve efficiency and effectiveness in diamond recovery. Innovations such as x-ray detection contribute to successful discoveries and increased yields.

The Karowe Diamond Mine has gained international recognition for its significant finds. The mine remains a focal point for diamond exploration and production in the region.

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