Lucapa and partners sell Lulo diamonds for $4.1m

28th September 2016 By: Creamer Media Reporter

JOHANNESBURG (miningweekly.com) – Australia-based Lucapa Diamond Company and its partners in the Lulo mine have netted $4.1-million from the sale of diamonds recovered at the Angolan mine.

The parcel of 2 209 ct of Lulo diamonds sold at an average sales price of $1 868/ct, 40%-owner Lucapa said in a statement on Wednesday.

The latest sale brings the total sales for the calendar year to $32.1-million.

The next sale is scheduled for late October and will include the 104 ct and 172 ct Type IIa D-colour diamonds recovered earlier this month.