Lesedi La Rona seen fetching P900m at London auction

Speaking at a mining conference held in Gaborone this week, Lucara chief operating officer, Paul Day said basing on figures of $77,000 per carat fetched by a 813-carat stone they sold in May, they expect Lesedi La Rona to attract a price of more than $80 million.

“It’s unchartered waters for us because the only ever diamond discovered of this size was more than a century ago and it wasn’t sold through an auction. But judging from our initial estimates, we believe we can sell it for more than $80 million,” he said.