News

Advanced Search

Lucara Recovers 327ct. Rough Stone

Apr 29, 2018 5:30 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... Lucara Diamond Corp. has unearthed a 327-carat rough diamond from its Karowe mine in Botswana.

The high-color white diamond is the eighth over 100 carats that Lucara has found this year, and the ninth largest in its history, it said last week.

Earlier this month, the miner recovered a 472-carat “top light brown” diamond. Lucara, known for producing large stones from Karowe, sold its biggest find, the 1,109-carat Lesedi La Rona, to Graff Diamonds for $53 million in 2017. The company sold the 813-carat Constellation in 2016 for a record $63.1 million.

The miner will sell the 327-carat and 472-carat diamonds at an exceptional-stone tender in June, along with other special-size stones the company has recovered since the start of the year.

Lucara’s sales of exceptional stones, excluding the Lesedi La Rona and the Constellation, fell 39% in 2017, according to Rapaport calculations. 
Tags: Botswana, Constellation, diamond, Graff Diamonds, Karowe, Karowe mine, Lesedi La Rona, lucara, Lucara Diamond Corp., Rapaport News
Similar Articles
Burgundy yellow diamonds 140Burgundy Diamond Mines Inks New Polished Deals
Aug 03, 2022
Australia-based Burgundy Diamond Mines has signed a two-stage agreement to provide polished fancy-color diamonds to prominent Perth
Lucapa 170ct pink diamond 140Lucapa Unearths 170ct. Pink from Lulo
Jul 27, 2022
Lucapa Diamond Company has recovered one of the largest pink diamonds in history: a 170-carat stone from
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2022 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.