Lucapa July Sale Of Alluvial Diamonds From Lulo Raises $2 Million

By Staff Reporter / July 25, 2018 / www.idexonline.com / Article Link

(IDEX Online) - Lucapa Diamond Company Ltd has completed the first sale of alluvial diamonds for H2 2018 from the Lulo diamond project in Angola, selling 2,527 carats for US$2.0 million.

 

The sale figures represent an average price per carat of US$800.

 

The sale excluded four large white specials and a pink coloured special which have been held back for sale later this year.

 

These included three large white and a colored special recovered in H1 2018 along with a 114 carat diamond recovered earlier this month.

 

The miner added that deep boiling of the 114 carat stone has confirmed it is a Type IIa top-colour white diamond.

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