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Lucara nets  $54m from two stones from Karowe mine

The luxury brand’s new boutique at the Taj Krishna in Banjara Hills highlights its celebrated fine jewellery and global couture collections.

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Lucara raised $54m from the sale of two exceptional stones – weighing 1,080 carats and 549 carats – both recovered at its Karowe mine, in Botswana, it said this week. The 549 carat Type IIa Sethunya diamond was recovered in February 2020 and was sold to the French luxury maison Louis Vuitton.The 1,080 carat Eva Star, recovered in August 2023, was acquired by an unnamed buyer.

Canadian miner Lucara, 100 per cent owner of the mine, said it was “delighted” to announce details of the sales, now that final payments had been received and the goods had been delivered. It did not specify the price achieved by the diamonds individually, but said they’d sold for a combined sum of $54m and had recognized $44m in revenue net of fees, excluding royalties.

“The company received $20m in previous years and following this sale, a further $24m was due, of which $16m and $8m were received in Q4 2024 and Q1 2025 respectively,” Lucara said in a statement. “The sale of these two extraordinary diamonds further validates our investment in the Karowe underground project,” said William Lamb, president and CEO of Lucara. “The unique characteristics of Karowe’s kimberlite, particularly in the South Lobe, continue to amaze us with its ability to produce diamonds of exceptional size and quality.”

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DiamondBuzz

Natural Diamond Council India Leads the Celebration of the First-Ever World Diamond Day

World Diamond Day celebrates the Personal Stories Behind Ntural Diamonds from Heirlooms to Modern Milestones

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Jewellery has always held a deeply personal place in people’s hearts, and natural diamonds remain its most powerful expression. Every natural diamond carries within it a story of love, milestones, heritage and personal triumphs. On the first-ever World Diamond Day, these stories took centre stage, as people across the country came together to celebrate the meaning and emotion behind every diamond.

Launched by the Natural Diamond Council (NDC), World Diamond Day on April 8, 2026, was introduced as a global movement to recognise and celebrate the joy, passion, and community that natural diamonds inspire. Beyond their brilliance, diamonds represent memories, legacy, and the craftsmanship of a passionate industry that brings these stories to life.

As a champion of the natural diamond industry, NDC led this collective celebration, encouraging people from across the industry, from artisans and manufacturers to retailers and consumers, to share their authentic stories. The movement came alive on social media, with participants sharing personal moments using #WorldDiamondDay and #NaturalDiamonds, turning the day into a vibrant, global narrative.

In India, the celebration reflected a compelling blend of heritage and modern aspiration, as leading diamantaires and manufacturers spotlighted the journey of a diamond from its natural origin to a finished masterpiece. The reach of World Diamond Day was supported by the active participation of the Gem and Jewellery Export Promotion Council (GJEPC India), All India Gem and Jewellery Domestic Council (GJC) and the Bharat Diamond Bourse, who joined the movement to celebrate natural diamonds. This collective spirit was also embraced by leading industry partners, including Venus Jewel, SRK Exports, HK Exports, KP Sanghvi, Dharmanandan Diamonds, Finestar Jewellery and Diamonds, Shivam Jewels and A.S. Motiwala. Additionally, the movement was championed by prominent thought leaders such as Richa Goyal Sikri, Archana Thani, Nitya Arora and Arundhati De Sheth, all of whom played a significant role in bringing authentic stories and personal perspectives from across the industry to the global stage.

Richa Singh, Managing Director, Natural Diamond Council, said,

“World Diamond Day is a platform for people to share what their diamonds truly mean to them. At a time when consumers, especially younger audiences, are looking for more meaningful ways to celebrate, this initiative offers a reason to pause and honour those moments. Natural diamonds are the perfect custodians of our memories. This day is also a reminder of why we do what we do, to bring joy, emotion, and meaning into people’s lives.”

World Diamond Day has established itself as more than just a moment; it is a reminder of the joy behind every diamond, the passion of the industry, and the stories that connect us all. A natural diamond is not just a product, but a timeless heirloom, one that carries memories across generations and continues to shine with meaning.

Worn. Given. Passed down. Never forgotten.

Today, the story of natural diamonds belongs to everyone.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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