Monday, 9 May 2016

Lucara sells 813 carat diamond for $ 63m

Lucara Diamond Corp. sold an 813-carat diamond for $63 million, making it the most expensive rough gem on record and raising the prospects for the sale of the Lesedi la Rona, the world’s second-biggest such stone that was unearthed last year.

The sale of The Constellation was worth $77,649 a carat and Lucara will retain a 10 percent interest in the net profit received in the polished products. The stone was bought by Nemesis International DMCC, a Dubai-based rough-diamond trading company. Applying the same dollar per carat implies a so-called floor price of $86 million for the 1,111 carat Lesedi la Rona.

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