DiamondBuzz
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.
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.”
Some love stories only grow stronger with time. Love, From Hubby is a ritual in which a husband celebrates the years shared with his wife by gifting her a natural diamond solitaire, a promise that the story is still being written. The Real Love Solitaire Collection from De Beers is made for this “Second Season of Love.” Each ring features a one-carat centre solitaire, a natural diamond that is rare and each reflects Carat, Cut, Colour and Clarity, offering refined luxury and exceptional fire. Set in an array of precious metals and custom finishes, every design carries its own story of enduring commitment. Rose gold hues add romance to architectural white gold silhouettes, blending classic heritage with a modern eye. Here is a closer look at the key design features that make these four pieces stand out.
Classic Rose Gold Round
Brilliant Solitaire Ring Some designs just feel right from the first glance, and this is one of them. A classic solitaire ring, the one carat round brilliant natural diamond sits alone at the centre, cradled by four slim prongs in 18k rose gold. The warm tones of the metal soften all that sparkle and gives it a gentle romantic glow. The band narrows slightly toward the base, making it comfortable to wear it all day. Whether you choose to wear it every morning or save it for the proposal, it suits every moment.
Lotus Diamond Solitaire Ring Picture a lotus bud awakening to its full beauty. This is exactly the inspiration behind the frame of this brilliant solitaire with petal motifs in white gold. Micro pave set diamond trace the contours of the floral petals along the shoulders, creating an intricate halo-like shimmer that catches the light from every angle. The architectural artistry around the central real diamond is both unique and delicate, giving the ring a sense of movement while keeping the focus firmly on the centre diamond.
Swirl Solitaire Diamond Ring Movement is the whole point with this Swirl Solitaire diamond ring. Designed to catch the light from every angle and frame of the classic diamond, the graceful arcs of white gold studded with delicate pave diamonds wrap seamlessly around the centre, creating a captivating, continuous swirl. The flowing curves enhance the brilliance of the central diamond, resulting in a modern statement piece that feels both powerful and undeniably graceful.
Two Tone Solitaire Ring This one makes a play on your senses with its subtle, yet sophisticated twist on a classic solitaire design. The outside is cool and polished, but inside the band sits a lining of warm rose gold, while a one carat round brilliant real diamond rests above it in a four-prong setting. The precision cut and color grade of the center diamond radiate timeless sophistication, perfect for modern romance with its combination of elegance and an intimacy that comes from a hidden detail known only to the two of you.
Natural diamonds aren’t saved for big occasions anymore, they have become an essential part of modern everyday style. The De Beers Love, From Hubby Real Love Solitaire Collection puts the centre diamond first, celebrating the exceptional brilliance that each one brings with it. From clean minimal lines to romantic floral details and curves with some energy, the collection offers a solitaire for every expression of individuality. At the end of the day, the right ring is the one that feels like your story one that marks a special moment or simply adds a little sparkle to an ordinary day.
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