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Diamonds|Operations
Diamonds|Operations
diamonds|operations

Lucapa makes bank on Lulo diamonds

1st December 2021

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company has reported A$17.9-million in revenues from the sale of four large, top-quality white diamonds, and two fancy pink diamonds recovered from its Lulo operations, in Angola.

The diamonds weighed a total of 336 ct, and were sold through an international tender by the Angolan State diamond marketing company.

Lucapa said on Wednesday that the latest sale brought the year-to-date sales from Lulo to a new record of $73.8-million, or A$98.8-million, from a record 25 844 ct, sold at an average price of $2 857/ct.

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Edited by Creamer Media Reporter

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