Karowe diamond mine
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  Karowe diamond mine Location of Karowe diamond mine | |
| Location | |
|---|---|
| Location | Central District, Botswana |
| Coordinates | 21°29′59″S 25°28′16″E / 21.49972°S 25.47111°E |
| Production | |
| Products | Diamonds |
| Owner | |
| Company | Lucara Diamond |
Karowe diamond mine is a mine located in Botswana.[1][2][3][4][5][6][7] It is an open-pit mine.[8] In 2021, Lucara Diamond secured $220 million to take the mine underground.[9]
The Karowe Mine ("Karowe" is a local Sesarwa term for "a precious stone"), situated in northern Botswana was discovered in 1970 by De Beers, which also found the Orapa, the country's first diamond mine, plus three others in the mid-1970s.[10]
De Beers discovered the kimberlite A/K6, but their early evaluation showed low economic importance, the mine having only a 3.4-hectare surface area. The ownership was transferred three times. In 2009, De Beers sold their 70% shareholding in the mine to Canadian company Lucara Diamond for $49 million. Later, Lucara acquired full ownership of the mine.[10]
The mine was commissioned in 2012. In June, the first sale of rough diamonds from the mine was held. Generally, its first years of production went better.[10]
The company uses modern equipment, giving them the ability to recover large diamonds that the mine has become known for.[10] One piece of equipment is X-ray Transmission (XRT) technology, introduced in 2015,[10] which later resulted in the recovery of a number of diamonds over 300 carats or 60 grams each.[11]
By mid-2018, the mine was employing over 800 people, more than 98% of them were local citizens.[10]