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Lucara Leaves Door Open to Another Auction for Whopper Diamond

  • The 1,109-carat Lesedi La Rona went unsold in June auction
  • Used public auction to look for ‘alternative source of money’
Bloomberg business news

Lucara Diamond CEO: Not Discounting Another Auction

Lucara Diamond Corp., which failed to sell the biggest diamond found in more than a century through a public auction, may go under the hammer again.

“We’re not discounting going back to the auction process in some form in the future,” William Lamb, chief executive officer of the Vancouver-based miner, told Bloomberg TV Canada in an interview Friday.