Lucara Diamond Corp CEO Wants Over $60 Million For The Large Stone

William Lamb, chief executive officer of Lucara Diamond Corp is looking for more than $60 million from the sales of the second largest diamond to be unearthed. The stone, just smaller than a tennis ball, is the biggest unearthed since the previous record holder found in South Africa in 1905.

The CEO, who has already turned down an offer of more than $40 million, said the company has been approached by London’s Natural History Museum about displaying the stone and the Discovery Channel who are interested in making a documentary about it. The Vancouver-based company isn’t in a rush to sell because it has no debt.

Exceptionally large rough diamonds can sell for about $60,000 per carat, though Lamb hopes that its status will boost its value. The first Lucara worker to touch the stone was at the time the only person still alive who’s handled a 1,000-carat diamond, he said.

We hope the sale of the diamond can be beneficial for the country’s economy, as we rely mostly on diamonds as a country.