Lucapa unearths 15th +100 carat diamond
171 carat gem-quality white diamond recovered at Lulo
Lucapa Diamond Company and its partners Empresa Nacional de Diamantes E.P. (Endiama ) and Rosas & Petalas are pleased to announce the recovery of another +100 carat white diamond from the Lulo alluvial mine in Angola.
The 171 carat gem-quality white stone is the 15th +100 carat diamond recovered to date from Lulo and the 2nd +100 carat diamond recovered for 2020. It is also the 4th largest diamond recovered to date since activities began at Lulo. Gem-quality 171 carat Lulo white diamond, this 171 carat white diamond was recovered from Mining Block 6 as scaled mining operations recommenced at Lulo. Mining Block 6 has now produced 6 +100 carat diamonds.
Mining Blocks 6 and 8 together have now produced 13 of the 15 +100 carat diamonds recovered in total at Lulo, including Angola’s largest recorded gem – the 404 carat 4th February Stone recovered and sold in 2016 for US$16 million.
Lucapa Managing Director Stephen Wetherall commented: “The recovery of this 171 carat gem-quality white diamond continues to underpin the potential of the kimberlite exploration programme as drilling of the high-priority kimberlites in the Canguige catchment continues.”
Lucapa is a niche diamond producer with high-value mines in Angola has produced 15 +100 carat diamonds to date and is one of the highest average US$ per carat alluvial diamond producers in the world. Lucapa and its Project Lulo partners have also received highly encouraging results from their search to discover the primary hard-rock source of the high-value Lulo alluvial diamonds.
