Lucapa Diamond Company have recovered two more large diamonds from the Lulo Diamond Project in Angola: a diamond weighing 103 carats of a light brown color, and a 83 carat Type IIa diamond.
According to a press release, the 103 carat diamond is the 9th +100 carat diamond recovered to date from Lulo. The largest diamond recovered to date from the mine is the 404 carat 4th February Stone, which sold for $16 million in 2016.
Lucapa has set the next sale of alluvial diamonds from Lulo for early 2018. According to the company, “the timing of this sale is designed to maximise sale proceeds by selling into a usually stronger demand period at the beginning of the year”. The next sale parcel will include 2,160 carats of Lulo production, including the exceptional 129 carat and 78 carat Type IIa D-colour Lulo diamonds recovered from Mining Block 6 in November 2017.
