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Jeweller - August 2021

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Large pink diamond found in<br />

Botswana; Cullinan blue diamond sold<br />

The 62.70-carat 'Boitumelo' fancy pink diamond, unearthed at the Karowe Mine in<br />

Botswana. Image credit: Lucara<br />

Bloom<br />

PINK KIMBERLEY<br />

This collection is truly a wonder: every piece is a work<br />

of art, a floral-inspired design with a breathtaking,<br />

gorgeous arrangement of Argyle pink diamonds.<br />

The blend of pink, white and gold tones is simply<br />

phenomenal. Reminiscent of Australian pink magnolias,<br />

this collection captures the moment when a flower<br />

blossoms in real time for it to be preserved for eternity.<br />

PinkKimberley.com.au<br />

Lucara Diamond Company (Lucara)<br />

has announced the recovery of a<br />

62.70-carat fancy pink diamond<br />

at its Karowe Diamond Mine<br />

in Botswana – the largest pink<br />

diamond ever unearthed in<br />

Botswana and one of the largest<br />

rough pinks on record.<br />

The Type IIa stone was unearthed<br />

from the mine’s South Lobe and has<br />

been named Boitumelo, which means<br />

“joy” in the Setswana language.<br />

Several other large pink diamonds<br />

were recovered from Karowe<br />

during the same production period<br />

– a 22.21 carat, 11.17 carat, and<br />

5.05-carat stone. Worldwide, it is<br />

extremely rare to find pink diamonds<br />

above one carat.<br />

In June, Lucara announced the<br />

recovery of a white diamond<br />

weighing more than 1,000 carats<br />

from Karowe – one of five stones of<br />

more than 300 carats and 17 greater<br />

than 100 carats unearthed over the<br />

life of the mine.<br />

The company recently announced<br />

plans for a five-year, $US514 million<br />

expansion project at Karowe, with<br />

Eira Thomas, CEO Lucara, saying,<br />

“Lucara is delighted to announce<br />

another historic diamond with<br />

the recovery of the Boitumelo,<br />

and very pleased to demonstrate<br />

the continued potential for large,<br />

coloured diamonds from the South<br />

Lobe production.<br />

“These remarkable pink diamonds<br />

join a collection of significant<br />

diamond recoveries in <strong>2021</strong>… which<br />

forms a key economic driver for<br />

the proposed underground mine at<br />

Karowe.”<br />

Meanwhile, De Beers Group and<br />

diamond manufacturing firm<br />

Diacore have announced the jointpurchase<br />

of a 39.34-carat fancy blue<br />

stone, recovered from South Africa’s<br />

Cullinan Mine.<br />

The diamond was mined by Cullinan<br />

operator Petra Diamonds and<br />

sold for $US40.17 million ($AU54<br />

million), split equally between the<br />

two buyers.<br />

Paul Rowley, executive vice-president<br />

– diamond trading, De Beers Group,<br />

said, “It is a privilege to have the<br />

opportunity to work with such a<br />

miracle of nature and a delight to<br />

see the legendary Cullinan deposit<br />

producing yet another breathtakingly<br />

beautiful gemstone.<br />

“It’s great to be working again with<br />

Diacore on this diamond, given their<br />

outstanding history of releasing the<br />

true beauty of exceptional finds such<br />

as this.”<br />

Nir Livnat, chairman, Diacore,<br />

added, “We’re excited and humbled<br />

to have the opportunity of designing<br />

and shaping one of the most special<br />

and rare blue diamonds of such size<br />

and colour."<br />

De Beers Group and Diacore<br />

previously purchased five blue<br />

Cullinan diamonds in November<br />

2020.<br />

E pink@samsgroup.com.au W samsgroup.com.au P 02 9290 2199

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