Lucapa sales brings US$10.8mn

Sale comes as regular production of large Specials continues at Lulo with latest recoveries including 85 carat and 52 carat diamonds at Lucapa Diamond Company. Lucapa have completed the second sale for 2018 of diamonds from the Lulo Diamond Project in Angola.

 

The sale of 2,072 carats of Lulo diamonds achieved gross proceeds of US$1.7 million (A$2.1 million), representing an average price per carat of US$804. The largest diamond weighed 44 carats in the sale parcel, which also included a vivid pink of 1.9 carats.

 

The latest sale brought gross proceeds from Lulo diamonds sales to date in 2018 to US$10.8 million (A$13.5 million) at an average price per carat of US$1,731. Meanwhile, the regular production of large Specials (+10.8 carat diamonds) has continued at Lulo, with the latest (post-sale) recoveries including Specials weighing 85 carats and 52 carats. 

  • Lucapa sales brings US$10.8mn