The latest gem weighed 1 094 carats and was found at the Karowe mine, the company said it a statement. While its smaller than the 2 942 carat stone discovered at the same site in August, it is still roughly a third the size of the biggest ever found, the famous Cullinan Diamond of South Africa.
Lucaras Karowe project is famous for giant stones, and the companys shares surged by more than a third last month when the initial mammoth finding was announced. CEO William Lamb said that the latest discovery further validated an expansion of the sites underground capacity, which will extend the life of the project to at least 2040.
(Supplied/Lucara Diamond)'As we progress with our underground development, were increasingly confident in Karowes capacity to produce these legendary diamonds well into the future, cementing our position in the high-end diamond market,' Lamb said.
The latest discovery bears similarities to a smaller gem found last year, which yielded polished diamonds that sold for more than $13 million, the company said. It will be polished by HB Antwerp.
