Constellation Diamond sells for US $63M

Lucara Diamond Corp has announced that the exceptional 812.77 carat, Type IIa, Constellation diamond recovered from the Karowe mine in Botswana in November 2015 (see news release dated November 19, 2015), has been sold for US$63,111,111 (US$77,649 per carat).

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

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

As part of the sale, Lucara has partnered with Nemesis International DMCC, and retains a 10 percent interest in the net profit received from the sale of the resultant polished diamonds. The 813 carat diamond has been named, “The Constellation”.

The sale of the 813 carat diamond is the highest price ever achieved for a rough diamond, breaking all records.

The sale of the 813 carat diamond is the highest price ever achieved for a rough diamond, breaking all records.

William Lamb, President and CEO, commented, “We are very pleased with the result from the sale of this magnificent 813 carat diamond as well as the opportunity to further participate in profits earned when the polished product is sold.

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.

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 sale of the 813 carat diamond is the highest price ever achieved for a rough diamond, breaking all records.

Source: Lucara Diamond
Photos: Lucara

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