Lucapa large rough diamonds

Lucapa Sells Trio of Diamonds for $10.5 Million

Lucapa has announced the sale of a trio of diamonds totaling 361 carats from its Lulo alluvial mine in Angola, fetching a total of $10.5 million at tender, IDEX Online reports.


The Australian mining company achieved an average price of $29,000 per carat in the tender, which was conducted by Sodiam, Angola’s state-run diamond trader, and concluded on April 19.


The three diamonds, all Type IIa, weigh 203 carats, 116 carats, and 42 carats respectively, were all recovered since the beginning of the year. Among them, the 203-carat diamond is the fifth largest and the 43rd +100-carat diamond from Lulo since commercial operations commenced in January 2015.


Lucapa rough diamonds Angola
Lucapa, rough diamonds from Lulo mine

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