Canadian Mining Journal

News

DIAMONDS: Lucara sells 813-ct stone for US$63M, highest price ever



VANCOUVER – Lucara Diamond Corp. has sold a 813-carat rough diamond from its Karowe mine in Botswana for US$63.11 million or US$77,649 per carat. This is the highest price ever paid for a rough stone.

The diamond has been named “The Constellation” in collaboration with Lucara’s partner Nemesis International DMCC. Lucara retains a 10% interest in the net profit received from the sale of the polished diamonds cut from the stone.

The next exceptional diamond that Lucara will offer for sale is the 1,109-carat Lesedi La Rona. It will be auctioned at Sotheby’s London on June 29, 2016.

Visit www.LucaraDiamond.com for images of some of the spectacular diamonds recovered from the Karowe mine.