Lucara Diamond Corp Announced Results of 2012 Karowe Diamond Sales

 Lucara Diamond Corp. (TSX:LUC,BSE:LUC) announced the results for its final Karowe diamond sale in 2012. The Company reported total sales of $54 million over the course of the year.

As quoted in the press release:

A total of 62 lots were put up for sale containing 62,238 carats of diamonds of which 56 lots were sold achieving an average price of $273 per carat and yielding gross proceeds of $12.03 million.

Lucara Diamond Corp. CEO, William Lamb said:

This final sale of 2012 has Lucara ending the year on a solid note with total diamond revenues from Karowe totalling more than $54 million dollars and the mine exceeding the mid-year forecast of 230,000 carats available for sale. We are looking forward to a solid 2013 with consistent production and the achievement of our 2013 sales guidance of 400,000 carats.

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