Lucara Plans Road Show to Market World's Second-Biggest Diamond

  • Vancouver-based company wants to conclude sale by mid-year
  • Stone named Lesedi La Rona, or Our Light in Tswana language
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Lucara Diamond Corp. is planning a road show to find buyers for the world’s second-biggest diamond and hopes to conclude a sale by the middle of the year, Chief Executive Officer William Lamb said.

The 1,109-carat stone was named Lesedi La Rona, or Our Light, in the Tswana language that’s spoken in Botswana, Gerald Ndlovu, manager of the Karowe mine where the gem was found, told reporters in Cape Town Tuesday. Syndicates of buyers or ultra high-net-worth individuals are among those Lucara may meet, Lamb said at the briefing.