Lucapa Diamond Sells $2M Of Alluvial Diamonds, $16M In H1

By Albert Robinson / June 19, 2018 / www.idexonline.com / Article Link

(IDEX Online) - The Lucapa Diamond Company and its partners have completed a sale of alluvial diamonds from the Lulo diamond project in Angola, with gross proceeds of $2.0 million.

 

The average price per carat was $1,150, with the sale excluding a number of large white Specials and a colored Special which were not presented for sale and were held back for a future sale, the miner said.

 

The sale took gross proceeds from Lulo diamond sales to date in the first half of this year to $15.9 million with an average price per carat of $1,642.

Recent News

Smaller juniors still financed even in more cautious market

January 13, 2025 / www.canadianminingreport.com

Gold stocks shrug off equity market decline on metal gain

January 13, 2025 / www.canadianminingreport.com

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
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok