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Lucara Diamond Corp. Stock Skyrockets 91% After Discovery of Massive 2,492-Carat Diamond
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Lucara Diamond Corp. discovered a 2,492-carat diamond, the world`s second largest, at their Karowe mine in Botswana. This discovery caused their stock to jump 91% on Thursday, increasing the company`s market value by over $40 million. While the diamond`s exact worth is unknown, it`s expected to be tens of millions of dollars. This significant find was made possible by Lucara`s investment in X-ray technology, which identifies large diamonds and helps prevent damage during extraction.
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