RapNet


Rapaport News

 

Mining

 
Rapaport Broadcast
Martin Rapaport’s Webinar on Estate Jewelry
October 30 2019

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

Lucara Sells 224ct. Rough for $11M

Nov 17, 2016 4:59 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... Lucara Diamond Corp garnered $38.7 million at its exceptional rough sale this week, boosted by a 224.5 carat stone recovered from the Karowe mine.

The type-IIa diamond fetched $11.1 million, or $49,497 per carat, the highest value per carat achieved at the company’s second exceptional stone tender of the year. The event featured 12 single-stone lots totaling 1,098 carats.

Five diamonds sold for more than $2 million each. A 162.3-carat stone drew $4.9 million, or $30,117 per carat, while an 81.8-carat diamond garnered $46,138 per carat.

All the goods came from Lucara’s famed Karowe mine in Botswana, which produced the 1,109-carat Lesedi La Rona rough diamond, the second largest in history, in November last year.
Tags: Botswana, exceptional stone tender, Karowe, Karowe mine, large diamonds, lucara, Lucara Diamond Corp, Rapaport News, rough, Rough Diamonds
Similar Articles
rough diamond in fingers Diamcor 150Diamcor Shifts Back into Black
Nov 19, 2019
Diamcor Mining returned to profit in the second fiscalquarter, as an efficiency program...
Zimbabwe to Take Smaller Cut of Diamond Sales
Rio Tinto Seeks Majority Stake in Canada Site
Petra Sells 20ct. Blue Diamond for $15M
AlrosaAlrosa Profit Drops in Third Quarter
Nov 10, 2019
Weak rough-diamond demand led to a decline in profit at Alrosa in the third...
Mountain Province Slides to Net Loss
Gem Diamonds Lowers Full-Year Outlook
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us