Sixth largest diamond sold for US$63 million

Lucara diamond’s 813 carat diamond, discovered in Botswana’s Karowe mine in November 2015, has been sold for US$63 million (AU$86 million).

The sale of the diamond, named “The Constellation”, was conducted in partnership with with Nemesis International DMCC, and Lucara retained a 10 per cent interest in the net profit received from the sale of the resultant polished diamonds.

President and CEO of Lucara, William Lamb, said they are pleased with the results of the sale and the opportunity to further participate in profits earned when the polished product is sold.

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

“We look forward to the next stage of Lucara’s development with the sale of the spectacular 1109 carat, Lesedi La Rona diamond which will take place at Sotheby’s London on June 29 2016.”

The 813 carat diamond is the sixth largest diamond ever discovered.

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