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Lucara Sets November Exceptional Stone Tender

Sep 8, 2015 3:35 AM   By Rapaport News
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RAPAPORT... Lucara Diamond will hold its second exceptional stone tender this year in November, the company announced. Viewing will take place in Gaborone from November 2 through November 11, 2015 with the tender closing at 4.00 p.m. CAT.

The tender will feature as many as 12 diamonds including the recently recovered 336-carat Type IIa diamond as well as an 8 carat fancy pink diamond.


"The Karowe Mine continues to deliver as expected allowing us to have a second exceptional stone tender in 2015,” William Lamb, president and CEO, said. “The increase in bottom cut-off value to $1.0 million for qualifying diamonds for the exceptional stone tenders has resulted in less stones being available for these tenders but has increased the value for Lucara by allowing us to offer higher quality at our regular tenders. The recovery of colored stones from the south lobe is very encouraging as no colored stones have previously been identified from this lobe."
Tags: Exceptional Stones, lucara, Rapaport News, tender
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