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Karowe Mine

Karowe Mine is an openpit diamond mine located near Letlhakane in central Botswana. It is owned and operated by Lucara Diamond, a Canadian-listed diamond miner. The mine is known for producing large, high-value gem-quality diamonds, including some of the biggest rough diamonds ever recovered globally. Production relies on X-ray Transmission technology, which helps identify and recover large diamonds before they can be damaged by conventional crushing processes. Karowe has yielded several exceptional stones exceeding 1 000 carats, drawing international attention to Botswana's diamond sector. The mine forms a core part of Lucara's asset base and revenue generation. Chief executive William Lamb has overseen operations and strategic decisions at the mine during periods of notable diamond recoveries. Botswana's diamond industry, of which Karowe is a significant contributor, remains a major pillar of the country's economy and export earnings. The mine has been in commercial production since 2012. Ongoing underground expansion studies have been considered to extend the life-of-mine beyond the original openpit resource.

Karowe Mine News


Blue diamond
Belgian gem trader HB downsizes Botswana operations after failed supply deal
25th September 2026 By: Reuters

Belgian gem trader HB Antwerp is scaling back its Botswana operations after failing to secure rough diamond supplies from State-owned Okavango Diamond Company (ODC), a senior company official told... 


A Toro LH517i loader
Sandvik to supply underground mining fleet, financing to Lucara’s Karowe project
13th August 2026 By: Lumkile Nkomfe

Multinational engineering company Sandvik has received orders from Lucara Botswana, a subsidiary of TSX-listed Lucara Diamond Corp, to supply a 15-unit fleet of underground drills and loaders,... 


An image of the Karowe mine
Lucara’s revenue falls on lower carat sales, UGP progresses with some delays
11th August 2026 By: Tasneem Bulbulia

Diamond miner Lucara Diamond Corp’s revenue for the second quarter ended June 30 decreased by 6% year-on-year to $41-million, largely owing to lower carat sales through tender and a lower average... 


A 1 305.4 ct diamond recovered at Lucara's Karowe mine
Karowe delivers its tenth diamond of over 1 000 ct
14th July 2026 By: Creamer Media Reporter

Diamond miner Lucara Diamond Corp has recovered a 1 305.4 ct diamond from its Karowe mine, in Botswana, marking the tenth diamond weighing more than 1 000 ct to be recovered at the mine. "The... 


Karowe diamond mine
Lucara seeks TSX hardship exemption to push through C$165m rescue financing
20th January 2026 By: Darren Parker

Diamond producer Lucara Diamond Corp has applied to the TSX for a financial hardship exemption that would allow it to complete a deeply dilutive C$165-million private placement without shareholder... 


The Karowe underground project
Lucara to raise at least $70m in private placement to fund Karowe underground project
12th January 2026 By: Creamer Media Reporter

Independent diamond producer Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, is planning to raise $70-million in a private placement of about 437.5-million shares at a... 


Aerial view of the Karowe mine
Karowe underground expansion project, Botswana – update
5th December 2025 By: Sheila Barradas

Lucara Diamond Corporation has awarded a lateral development contract to Group R Mining and Exploration Botswana. 


Surface infrastructure at the Karowe mine
Lucara awards last major Karowe underground contract
2nd December 2025 By: Creamer Media Reporter

Canada-headquartered Lucara Diamond Corporation has awarded a lateral development contract for its Karowe underground project (UGP), in Botswana, to Group R Mining and Exploration Botswana. The... 


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pqt: 0.041s - ct: 0.084s - 181pq - 2rq
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