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Lesedi La Rona Weighed 1,500cts. Before Breakage
May 10, 2016 6:50 AM
By Rapaport News
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RAPAPORT... Lucara Diamond Corp.’s 1,109-carat diamond originally weighed
about 1,500 carats before it broke into two pieces, the miner said.
A 374-carat
stone that Lucara recovered a day after it found the Lesedi La Rona was actually
a part of the latter, Lucara’s president and chief executive officer William
Lamb told investors.
“So we were looking at something which is most probably
closer to 1,500 carats,” Lamb said in an earnings conference call last week.
“Now to identify where that was actually broken – whether it
was in placement, whether it was in blasting, whether was in the processing –
nobody is really going to be able to tell,” the executive added.
The diamond will be auctioned
by Sotheby’s in London on June 29, with an estimated selling price of more
than $70 million. A separate 813-carat
stone also mined by Lucara sold
for $63.1 million this week, a record for a
rough diamond.
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Tags:
Exceptional Stones, Lesedi La Rona, lucara, Lucara Diamond Corp., Rapaport News
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