Lucapa News

Lulo and Mothae keep bringing the goods

The 46-carat pink coloured rough diamond was cut and polished to three diamonds

Reserves at Lulo are 25% higher than previously thought, price per carat has soared 14%

Lucapa sold 1,223 carats at an average price of $1,535 per carat

Diamonds from the prolific Lulo mine generated an average price per carat of $2,200

Safdico, a subsidiary of Graff, will purchase up to 60% of Lulo’s rough production

Lucapa: Results are "consistent with recent positive commentary from other producers"

Combined 2019 sales to date from Lulo and Mothae have reached $45.9 million

Lucapa raked in $1.1 million despite "a challenging period for many diamond miners globally"

This is the fourth 50+ diamond recovered to date from the new Mothae mine

Lucapa achieved an overall average price per carat of $707

It is the largest Special recovered through the new Mothae treatment plant

The seven Lulo diamonds to be offered include a 46 carat pink diamond

Year-to-date sales of Lulo diamonds total $24.5 million at an average price of $1,353 per carat

The tested area yielded 17 Specials including an exceptional 55-carat white gem

Lucapa has re-scheduled the drilling programme “due to delays with environmental approvals”

All three zones sampled at Mothae have now produced stones bigger than 10 carats

Lucapa experienced a 20% jump in production to 5,058 carats in Q2