Latest tender nets $32.48m for Lucara

By Creamer Media Reporter      / June 20, 2018 / www.miningweekly.com / Article Link

Lucara Diamond Corp’s twelfth exceptional diamond tender has earned it $32.48-million, with one 327.48 ct diamond sold for $10.1-million, or about $30 900/ct.

The company, which operates the Karowe mine, in Botswana, put ten single diamonds, ranging in size from 40.4 ct to 472.37 ct, up for tender.

Advertisement

The diamonds sold for more than $1-million each, with the tender achieving an average price of $22 356/ct.

“Lucara is very pleased with the outcome of [the tender]. The quality of Karowe’s large diamonds continues to attract the attention of the world’s foremost manufacturers and diamantaires, with 29 companies attending the sale and eight individual companies winning lots,” comments CEO Eira Thomas.

Advertisement

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok