A 1,758 carat diamond recovered from Lucara Diamond Corp.'s Karowe Mine in Botswana. Reuters
The 1,758-carat diamond, larger than a tennis ball, weighs close to 352 grammes, Lucara said in a statement. The stone is second in size only to the 3,106-carat Cullinan diamond, recovered in South Africa in 1905.
A 1,758 carat diamond recovered from Karowe Diamond Mine in Botswana. Reuters
Lucara's shares rose as much as 11.4% to the highest in more than two months, before closing up 6.3% at C$1.68. The Toronto stock benchmark ended the day marginally lower.
The stone is the latest in a series of high-value recoveries for the Vancouver-based company at Karowe. Since introducing its XRT Diamond recovery technology, Lucara has recovered 12 diamonds over 300 carats, the company said, including a 472-carat and a 327-carat diamond in April 2018.
The 1,109-carat "Lesedi La Rona," which Lucara recovered in November 2015, failed to meet its undisclosed reserve price at a June 2016 auction, putting pressure on the company's shares. British Diamond dealer Graff Diamonds finally bought it for $53 million in September 2017.
Forbes reported late last year that Graff had created 67 finished gems from the stone.
President Donald Trump on Friday announced a deal to lift US tariffs on steel and aluminium imports from Canada and Mexico that had created friction between the neighbors and blocked a new North American free trade agreement.
After a marathon session stretching into early Friday, the contestants simply could not be separated. Each winner received a $50,000 prize and a trophy - and they coined their own word for their joint success, "octochamps."
US President Donald Trump and the leaders of the other G-7 countries, France, Britain, Italy, Japan, Germany, Canada as well as the European Union were expected to discuss the spread of trade disputes, notably the US trade war with China.
The shelters boast of an innovative design that had been endorsed by Sheikh Mohammed. It is the first batch under a plan for constructing 1,550 shelters for waiting bus riders set to be constructed over 3-4 years.
The complaint filed against the hospital Medical Superintendent read that the hospital was not using RT-PCR app while collecting COVID-19 samples, which is "mandatory."
"This initiative calls for respecting all international efforts and initiatives by declaring a ceasefire from 0600 Monday June 8, 2020," President Abdel Fattah al-Sisi told a news conference alongside Haftar.
The HPD kickstarted the programme to mark World Food Safety Day, which is celebrated on 7 June every year. The move comes as part of the HPD’s eagerness to enhance the principles of food safety among society members and to spread healthy practices in dealing with food, and to develop sustainable solutions to health challenges.