(alarabiya.net/Bloomberg) - To the southeast of the teeming herds of wildlife in the Okavango Delta in Botswana, an offshoot of the Lundin mining dynasty is extending its search for the world’s biggest diamonds. Lucara Diamond Corp. is sinking an 800-meter (2,624-foot) shaft to ensure the kimberlite orebodies at its Karowe mine keep producing the 1,000-carat-plus gems that set it apart. However, the $550 million investment is potentially less significant than the second prong of the miner’s strategy. That involves changing the way diamonds are sold, indirectly posing a challenge to industry giant De Beers.
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