Lucara Unveils 1,175-carat Diamond in New York City
Lucara, which operates the Karowe Mine in Botswana, has partnered with manufacturer HB Antwerp to unveil 1,175-carat diamond in New York City recently “in a bid to drum up investor appetite for rough, natural diamonds,” Diamond World reports.
Unveiled at the Whitby Hotel in upper midtown Manhattan, the stone “is the largest rough diamond to be shown in the US, and the third-largest to be discovered,” according to the companies.
The 1,175-carat rough is one of three diamonds of over 1,000 carats extracted from the Karowe Mine. Lucara’s CEO Eira Thomas commented: “We do expect that we will recover more exceptional diamonds in excess of a thousand carats in size – but on a global basis, this is still an extremely rare and unusual event.”