Botswana’s largest rough diamond now has a name, following a public contest held by Lucara Diamond Corp.
The company chose to call the 1,758-carat stone Sewelô, which means “rare find” in the local Setswana language. It was the winning entry from more than 22,000 submissions.
“The largest diamond recovered in Botswana’s history was named by the people of Botswana this evening in a celebration of Botswana’s success,” Lucara CEO Eira Thomas said last week.
The miner has completed its analysis of the diamond — which it recovered in April from the Karowe mine’s high-value south lobe — and is considering its sale options, Thomas added.
Lucara announced the new name during a gala event, at which Botswana President Mokgweetsi Masisi was present.
Lucara Sells Its 813 Carat Diamond for US$63 Million, the Highest Price Ever Achieved for the Sale of a Rough Diamond.
Lucara Sells Its 813 Carat Diamond for US$63 Million, the Highest Price Ever Achieved for the Sale of a Rough Diamond.
Lucara, is pleased to announce that the exceptional 812.77 carat, Type IIa diamond recovered from the Karowe mine in Botswana in November 2015, has been sold for US$63,111,111 (US$77,649 per carat).
As part of the sale, Lucara has partnered with Nemesis International DMCC, and retains a 10% interest in the net profit received from the sale of the resultant polished diamonds.
The 813 carat diamond has been named, “The Constellation”, in collaboration with our partner. Lucara is a well-positioned diamond producer.
The Company’s main producing asset is the 100% owned Karowe Mine in Botswana.
