Lucara

Africa Mining: Lucara mulls partnership to sell world’s second-largest diamond

Posted on August 7, 2017 by Mozambique Resources Post

The company that unearthed the world’s second-largest diamond but has so far failed to sell it, is mulling a partnership to sell the giant stone if a buyers is not found within the next six to eight weeks.

Africa Mining: First Lucara diamond sale worth $69 million amid tough market conditions

Posted on July 20, 2015July 20, 2015 by Mozambique Resources Post

Canada’s Lucara Diamond (TSX:LUC) has raised almost $69 million in its first exceptional tender of diamonds from its Karowe mine, Botswana, for 2015 amid market conditions that haveaffected prices for the coveted stones and hurt miners’ profits. The Africa-focused miner said it sold all 14 diamonds totalling 1,674 carats, for a bit over $41,000 per carat.