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Lucapa Rakes In $1.9 Million in 2nd Lulo Diamond Sale of 2020

Lucapa sold 1,223 carats at an average price of $1,535 per carat
rough diamonds lulu angola lucapa
Credit: Lucapa

Lucapa Diamond Company has grossed $1.9 million at the second sale of diamonds in 2020 from the Lulo alluvial diamond mine in Angola.

 

lucapa large white diamond
Credit: Lucapa

 

The miner said the sale achieved “strong prices” for diamonds, as it sold 1,223 carats at an average price of $1,535 per carat. The sale brings the sale total of Lulo diamonds to date in 2020 to $5.3 million at an average price of $1,906 per carat.

 

Lucapa yellow diamonds
Credit: Lucapa

 

In February, Lucapa published the results from the search for the hard-rock source of the diamonds within the Lulo diamond field, announcing it has found 45 diamonds weighing 30.3 carats – some of which are Fancy and rare. Analysis of the diamonds has revealed “a good white population” including top D-colour stones, as well as the presence of rare Type IIa gems, along with a light fancy yellow.



Tags: Diamonds News, Diamond Industry News, Diamond Prices News, Lucapa News

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