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Lucapa sells three diamonds for $10.5m in first tender

203 ct Type IIa diamond

A 203 ct Type IIa diamond as part of Lucapa's first Lulo tender of the year

22nd April 2024

By: Marleny Arnoldi

Deputy Editor Online

     

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ASX-listed Lucapa Diamond Company has sold three exceptional diamonds recovered from the Lulo mine, in Angola, for $10.5-million at tender.

The tender was concluded on April 19 and was conducted by Sodiam, in Luanda.

The three Type IIa white diamonds, weighing 203 ct, 116 ct and 43 ct, made up Lucapa’s first tender of Lulo diamonds for this year.

The total parcel, weighing 361 ct, realised an average price of $29 000/ct.

Lucapa has a 40% interest in the Lulo alluvial mine, alongside Angola’s national diamond company Endiama and a private entity called Rosas & Petalas.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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