Lucara Diamond Corp. has announced the results from its second Exceptional Stone Tender of 2014. The special tender of Karowe diamonds was completed on July 16, 2014 and consisted of 16 single stone lots.
The company said all 16 diamonds, totaling 1,445 carats were sold for gross revenues of $40.12 million ($27,755 per carat). Of the 16 stones sold, 13 sold for more than $1.0 million each including 4 stones which sold for in excess of $4.0 million each. The highest value stones sold were a 109.4 carats and a 118.4 carat diamond which sold for $6.19 million ($56,615/ct) and $5.36 million ($45,225/ct) respectively.
“The incredible Karowe diamonds continue to yield spectacular results and the recovery of these exceptional stones also continues,” William Lamb, President and CEO, said.
“The company’s next Exceptional Stone Tender is scheduled for early in the fourth quarter of 2014. Potential stones that will be included in this sale include a 239 and a 193 carat diamond, recovered during the second quarter.”