Lucapa, partners sell another $2m of Lulo diamonds

By Creamer Media Reporter      / June 18, 2018 / www.miningweekly.com / Article Link

ASX-listed Lucapa Diamond Company and its partners Empresa Nacional de Diamantes (Endiama) and Rosas & Petalas have completed a further sale of 1 782 ct of alluvial diamonds from the Lulo project, in Angola.

The parcel achieved gross sale proceeds of $2-million, or A$2.7-million, representing an average price of $1 150/ct, or A$1 530/ct.

Advertisement

The sale excluded a number of large white special diamonds, as well as one coloured special diamond, that were held for a future sale.

The sale took gross proceeds from Lulo diamond sales for the first half of this year, to date, to $15.9-million, or A$20.2-million, at an average price of $1 642/ct or A$2 093/ct.

Advertisement

Recent News

Geopolitical risk outlook unclear after US election

January 06, 2025 / www.canadianminingreport.com

Low valuations offer a cushion to mining sector

January 06, 2025 / www.canadianminingreport.com

Polarized gold and iron ore moves, moderate aluminum and copper gains

December 30, 2024 / www.canadianminingreport.com

Large TSXV stocks strong on company specific drivers

December 30, 2024 / www.canadianminingreport.com

Canadian political turmoil with Trump trade policy the catalyst

December 23, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok