Third sale of Angolan diamonds by Lucapa

The Lucapa Diamond Company and its partners, Empresa Nacional de Diamantes E.P. and Rosas & Petalas, have announced the successful completion of the third sale for 2017 of alluvial diamonds from the Lulo Diamond Project in Angola.

The parcel of 1,919 carats achieved gross sale proceeds of AU$3.3 million, representing an average price per carat of AU$1,742.

The latest sale brought the gross proceeds from Lulo diamond sales to date in 2017 to AU$17.3 million, at an average price per carat of A$2,696.

The 92 carat D-colour diamond recovered after the third sale export from new Mining Block 28 will be included in the next sale.

 

 

To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Click here.