Lucara Diamond Corp.’s second stone tender  of Karowe diamonds consisting  of 12 single stone lots   totalling 1,098 carats, were sold for a gross revenue  of US$ 38.70 million (US$ 35,230 per carat).

There were three large diamonds amongst the stones sold: the  224.5 carat Type IIa diamond was sold for US$ 11.11 million or US$ 49,497 per ct - the highest value per carat diamond attained; the 162.3 carat diamond sold for US$ 4.88 million (US $30,117/ct); and the 81.8 carat diamond sold for the second highest price per carat of US$ 46,138/ct.

Five  other diamonds sold for more than US$ 2.0 million each.  

William Lamb, Lucara’s President and CEO, commented: "It is fitting that this tender, the tenth Exceptional Stone Tender for the Company was concluded on the one year anniversary of the recovery of the historic 1,109 carat, Lesedi La Rona diamond.”

He added: “To date, the Company has sold 144 magnificent diamonds bringing in revenues of greater than US $460 million. This includes 143 diamonds sold through the exceptional stone tender process and also the beautiful 813 carat Constellation diamond which was sold in a private transaction. These ongoing excellent results demonstrate the sustainability of production and the continued strong demand for Karowe's high value diamonds."

Pic Cap: Karowe Open Pit