Published 21 hours ago

Lucara Pulls In $54M from Sale of Two Massive Diamonds

Summary by rapaport.com

Lucara Diamond Corp. has garnered $54 million from the sale of a 549-carat rough diamond, as well as another weighing 1,080.1 carats. The miner recovered the 549-carat stone, named Sethunya, from its Karowe mine in Botswana in early 2020 before Louis Vuitton bought it later that year through Lucara’s offtake partnership with HB Antwerp. That agreement allows Lucara to benefit not only from the purchase price of the rough stone, but also from th…

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Lucara Pulls In $54M from Sale of Two Massive Diamonds

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