Applications of Solmax’s Geosynthetic Drainage Design Tool: Drainage Geonets & Geocomposites in Solid Waste Containment Facilities

Lucara's Third Exceptional Diamond Sale Brings in $22.9 Million and Additional Large Stones Recovered from Karowe


Lucara Diamond Corp. (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX First North:LUC) announced excellent results from its third Exceptional Stone Tender. The special tender of Karowe diamonds was completed on November 25, 2013 and consisted of 14 single stone lots. All 14 stones, totaling 1,128 carats were sold for gross revenues of $22.9 million ($20,280 per carat). The highest value stones sold were a 256.6 carat and a 137.9 carat diamond which sold for $4.40 million and $4.28 million respectively. An additional 7 diamonds sold for more than $1.0 million each.


The Company will hold one more regular tender during the fourth quarter, bringing the total volume of diamonds sold in 2013 to over 420,000 carats as forecast.


The Company also announces the continued recovery of beautiful, exceptionally large stones from the Karowe Mine, including a 167 carat diamond and a 122 carat diamond. These rare stones will be sold on tender in 2014.


William Lamb, President and CEO, commented, "The Company has received tremendous demand for its beautiful Karowe diamonds. This success truly demonstrates how robust the market continues to be for large, high quality diamonds. Globally, diamonds above 100 carats are exceedingly rare, yet since March alone, Karowe has produced 16 diamonds greater than 100 carats each."


About Lucara


Lucara is a well positioned new diamond producer. The Company has an experienced board and management team with extensive diamond development and operations expertise. The Company's two key assets are the Karowe Mine in Botswana and the Mothae Project in Lesotho. The 100% owned Karowe Mine is in production. The 75% owned Mothae Project has completed its trial mining program.


back to top

Our Web Adresses

Idea and Programming


Diese Website verwendet nur technisch notwendige Cookies. Sie werden nicht getrackt und Ihre Daten werden nicht weitergeleitet an Dritte. Durch die Nutzung dieser Webseite erklären Sie sich damit einverstanden, dass Cookies gesetzt werden. Mehr erfahren

This website uses only technically necessary cookies. You are not tracked and your data are not passed on to third parties. By using this website, you consent to the use of cookies.