Lucara Diamond Sets Dates for Second Exceptional Stone Tender

Diamond Investing

Lucara Diamond (TSX:LUC) announced dates for its second exceptional stone tender of 2015.

Lucara Diamond (TSX:LUC) announced dates for its second exceptional stone tender of 2015.
As quoted in the press release:

Viewing will take place in Gaborone from November 2 through November 11, 2015 with the tender closing at 4.00 p.m. CAT. The tender will feature up to twelve diamonds including the recently recovered 336 carat Type IIa diamond as well as an 8 carat fancy pink diamond.

Lucara president and CEO, William Lamb, said:

The Karowe Mine continues to deliver as expected allowing us to have a second exceptional stone tender in 2015. The increase in bottom cut-off value to $1.0 million for qualifying diamonds for the exceptional stone tenders has resulted in less stones being available for these tenders but has increased the value for Lucara by allowing us to offer higher quality at our regular tenders. The recovery of coloured stones from the south lobe is very encouraging as no coloured stones have previously been identified from this lobe.

Click here for the full press release.

The Conversation (0)
×