Lucara Reports Record Price for Diamonds

Lucara Diamond Corp. (TSX:LUC,BOTS:LUC,First North:LUC) reported results from its second tender of rough diamonds from the Mothae mine.

As quoted in the press release:

A total of 7,190 carats in 28 sale lots were offered on tender in Antwerp between December 5 through 9, 2011. All 28 lots received multiple bids and winning offers resulted in an average price of US$893 per carat and gross proceeds of US$6.4 million, an increase from Lucara’s first diamond sale earlier in the year.

Click here to read the full Lucara Diamond Corp. (TSX:LUC) press release.