Lucapa sells more diamonds from Lulo

By Esmarie Iannucci      / November 19, 2018 / www.miningweekly.com / Article Link

PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company has generated a further $4.2-million in sales revenue following the sale of 3 411 ct from its Lulo alluvial mine, in Angola.

The company told shareholders that the parcel of diamonds achieved an average price per carat of $1 220, bringing the total year-to-date sales of Lulo diamonds to $24.5-million at an average price per carat of $1 353.

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Lucapa said on Monday that the latest sale excluded a select parcel of seven large and premium-value Lulo diamonds, which have not been presented for sale.

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