Lulo Mine Turns Out Sixth Large Stone This Year

RAPAPORT... Lucapa Diamond Company has recovered a 144-carat rough diamond from its Lulo alluvial mine in Angola, it said Tuesday.The company found the D-color, type IIa diamond at the site's Mining Block 08, a section of the deposit known for its large, high-value rough. The stone is the sixth over 100 carats Lucapa has found at Lulo this year, and the 23rd of that magnitude from the site since mining operations began.The miner unearthed three 100-carat-plus diamonds last week: a 131-carat, D-color, type IIa diamond, a 118-carat brown, and a 133-carat, lower-quality grey diamond."With these...recoveries and two special pink diamonds [we have] in inventory, [we] are well-positioned to achieve record diamond revenues for the first half of 2021," said Lucapa managing director Stephen Wetherall.Image: The 144-carat rough diamond from Lulo mine. (Lucapa Diamond Company)