Lucara Sells Its 813 Carat Diamond for US$63 Million

Lucara Sells Its 813 Carat Diamond for US$63 Million, the Highest Price Ever Achieved for the Sale of a Rough Diamond.

Lucara, is pleased to announce that 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.

The 813 carat diamond has been named, "The Constellation", in collaboration with our partner. Lucara is a well-positioned diamond producer.

The Company’s main producing asset is the 100% owned Karowe Mine in Botswana.

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