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Diamonds|PROJECT
Diamonds|PROJECT
diamonds|project

Lucapa concludes special tender worth $12m

Lucapa diamonds from the Lulo mine, totalling 447 ct

Lucapa diamonds from the Lulo mine, totalling 447 ct

25th July 2024

By: Marleny Arnoldi

Deputy Editor Online

     

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ASX-listed Lucapa Diamond Company has sold six diamonds recovered from the Lulo mine, in Angola, in a special tender for $12.4-million.

The diamonds totalled 447 ct and consisted of five white Type IIa diamonds, as well as a pink diamond.

The average price per carat was about $27 700.

MD and CEO Nick Selby deems the tender result pleasing. “Our alluvial project, in Angola, continues to deliver fantastic diamonds that are always in demand through all market cycles and achieve very competitive values.”

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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