Lucara Diamond Sells 812.77 Carat Diamond For $63 Million

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Lucara photo(2)Lucara Diamond Corp. said the exceptional 812.77 carat, Type IIa diamond recovered from the Karowe mine in Botswana in November 2015  has been sold for US$63,111,111 (US$77,649 per carat). As part of the sale, Lucara has partnered with Nemesis International DMCC, and retains a 10% interest in the net profit received from the sale of the resultant polished diamonds.

Lucara President and CEO, William Lamb said they are ‘very’ pleased with the result from the sale of this magnificent 813 carat diamond as well as the opportunity to further participate in profits earned when the polished product is sold.

“The sale of the 813 carat diamond is the highest price ever achieved for a rough diamond, breaking all records. This achievement solidifies our reputation in the jewelry industry as one of the most important sources of diamonds of the very highest quality,” Lamb. “We look forward to the next stage of Lucara’s development with the sale of the spectacular 1,109 carat, Lesedi La Rona diamond which will take place at Sotheby’s London on  June 29, 2016.”

The 813 carat diamond has been named, “The Constellation”, in collaboration with our partner, Lucara Diamond said.

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