Angola's Lulo mine delivers its fifth 100-ct-plus diamond for 2016
JOHANNESBURG (miningweekly.com) – The Lulo mine, which Australian miner Lucapa owns in conjunction with Angola’s State-owned miner Endiama and Rosas & Petalas, has delivered its fifth diamond weighing more than 100 ct for the year, this time producing a 172.67 ct diamond.
The diamond was recovered from ongoing alluvial mining operations at Lula and follows the recent recovery of a 104 ct diamond.
Lucapa reported on Monday that testing had confirmed the 172.67 ct stone as a Type IIa diamond.
The diamond is the sixth 100-ct plus stone recovered from Lulo to date. In February, Lucapa announced the recovery of Angola's largest-ever diamond - the 404 ct Type IIa D-colour stone, which later sold for $16-million.
Lucapa has expressed interest in increasing its current 40% interest in the mine.
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