https://www.miningweekly.com

Lulo diamonds make a splash

2nd February 2021

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Diamond miner Lucapa has reported A$7.7-million in revenues from the sale of a rough diamond parcel of 4 273 ct from its Lulo alluvial mine, in Angola.

The ASX-listed miner on Tuesday reported that the diamond parcel was sold for $5.9-million, or $1 375/ct.

“As with the first sale of the Mothae diamonds in 2021, prices achieved by Sociedade Mineria Do Lulo at this sale continued to reflect the positive industry mood, and with sales from both operations in 2021 already totalling A$15-million, it has been a solid start to the year,” said Lucapa MD Stephen Wetherall.

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION