Wednesday, June 14, 2017

Lucara Diamond Corp. It plans to sell the 1109-carat diamond Lesedi La Rona during the first half of 2017. In June, the company failed to find a buyer for this well-known rough diamond at auction.
Diamond could not reach the expected price of $ 70 million at auction Sotheby's, as the highest rate on it was $ 61 million.
The stone, which is the second largest of the rough diamond ever produced by man, is currently undergoing tests to determine the most appropriate way to cut. Lucara expects that the analysis will be completed in the middle of the first kvartala2017 years before it initiates another stone sales process.
Stone will not be re-presented at the auction, said President and CEO of Lucara Uilyam Lemb (William Lamb) in a letter to Rapaport News.
"We have not yet determined the best mechanism for sales This is not an auction." - Lamb said. The most likely format is a single purchase offer to be accepted or rejected, added Lamb. He also ruled out a partnership with another company, as it has done in the sale of 813-carat diamond of Constellation, when Lucara received a 10 percent share of the sale of the finished diamond.
"By the stone continues to show interest in a significant number of people - he says -. Only the diamantaires that directly asked to sell them a stone, the data will be transferred to the exclusive sale We do not forecast a time when this will happen, but there is hope. that we will be able to complete its sale in the first half of 2017. "
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1 comment:

Pearl Necklace said...

To commemorate the long history of the diamond industry in Antwerp in the city will be held the "year of the diamond industry", which runs from the end of 2017 to the beginning of 2018 and put into focus all aspects of the industry due to the many activities, according to a press release of the Antwerp World Diamond Center (Antwerp world Diamond Centre, AWDC).
The central moment of the event, called "Antwerp: forming a diamond history" ( 'Antwerp, shaping the Diamond Story'), will be the opening of a new museum exhibition DiVA Antwerp Home of Diamonds, and the installation of ground sign, which symbolizes all aspects of the diamond industry. As noted in the AWDC, few memorable places of the city testify to the role of the Antwerp diamond sector, and the intention is to create an art object that will fill this gap and to create for the Antwerp diamond district, a permanent and popular visual guide that provides him the visibility it deserves.
At the request of the AWDC, the competition winning project will be known on September 30, and the official opening of the attractions take place in September 2017.