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Lucapa aces first diamond sale for 2017

9th February 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – ASX-listed Lucapa Diamond Company has completed its first diamond parcel sale for 2017 from the Lulo mine, in Angola, generating some A$4.9-million in revenue.

The company on Thursday reported that the parcel comprised 2 946 ct of diamonds at an average price of $1 276/ct. The sale included a 75 ct diamond that was recovered in November 2016 and a 55 ct diamond recovered in December.

The parcel of diamonds was the first to be cleaned by the new diamond deep boiling facility installed at Lulo during the December 2016 quarter.

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Edited by Creamer Media Reporter

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