Lucara's Exceptional Stone Tender Generates $68.7 Million in Sales
July 19, 15
(IDEX Online News) – Lucara Diamond Corp.’s first 2015 tender of exceptional stones from the Karowe mine realized $68.71 million or $41,028 per carat (p/c).
The special tender of Karowe diamonds consisted of 14 single stone lots, totaling 1,674 carats.
The highlight of the sale was a 341.9-carat Type IIa diamond that sold for $20.55 million, or $60,114 p/c.
Another high value stone was a 269.7-carat diamond that sold for $16.54 million or $61,304 p/c.
Twelve of the diamonds sold for more than $1 million, including five stones that were sold for in excess of $4 million.
“This is another amazing result, demonstrating not just the sustainable quality of the diamonds being produced, but also the robustness of the exceptional stone market,” said Lucara president and CEO William Lamb.
“The sales values achieved for the two large stones demonstrates the quality of diamonds which the south lobe is producing.”