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Big, Shiny Rock Sold for Just $53 Million

posted by martyb on Wednesday September 27 2017, @02:30AM   Printer-friendly
from the about-$240,000-per-gram dept.

takyon writes:

Lucara Diamond Corp. has sold the 1,109-carat "Lesedi La Rona" diamond for $53 million, roughly $47,790 a carat:

The Lesedi La Rona, or "our light" in the Tswana language spoken in Botswana, went unsold at a Sotheby's auction in London last year. It had been expected to sell for about $86 million.

The Vancouver-based company, known for producing some of the world's biggest and best stones, unearthed the diamond at its Karowe mine in Botswana. In May 2016, Lucara sold the smaller 813-carat The Constellation diamond for a record $63 million, or about $77,500 a carat, to Dubai-based rough-diamond trading company Nemesis International DMCC.

The Lesedi La Rona is the third largest rough diamond ever found.

Previous coverage:
Three Huge Diamonds Found in Botswana
Huge Diamond to be Sold at Auction.

Original Submission

 
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  • (Score: -1, Troll) by Anonymous Coward on Wednesday September 27 2017, @02:34AM

    by Anonymous Coward on Wednesday September 27 2017, @02:34AM (#573626)

    Oops. Do you smell it?

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