Lucapa Diamond Company has announced the results of the second sale for 2018 of diamonds from its Lulo Diamond Project in Angola.
According to a press release, Lucapa sold 2,072 carats for a total of $1.7 million, representing an average price per carat of $804. The largest diamond sold weighed 44 carats. The latest sale brought gross proceeds from Lulo diamonds sales to date in 2018 to $10.8 million at an average price per carat of $1,731.
In the first sale of the year, the company sold 4,170 carats of Lulo diamonds, achieving gross proceeds of $9.14 million, which according to the company represent “an exceptional average price per carat of $2,192”.
