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Market NewsNewsLucara appoints new CEO, invests in digital sales platform

Lucara appoints new CEO, invests in digital sales platform

Canada’s Lucara Diamond, the company that hit the jackpot in 2015 after finding the world’s second-largest diamond, has taken a page of De Beers’ books by investing in technology to track diamonds as they move through the supply chain, mining.com reported

To that end, the Vancouver-based miner has acquired Clara Diamond Solutions, a digital platform aimed at transforming how rough precious rocks are sold, for 13.1 million shares, or $29 million, it said, the mining.com report said.

In a separate statement, Lucara announced it had appointed Eira Thomas, a founder and director of the company, as its new chief executive officer, effective from today, Feb. 26, according to the mining.com report.

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