Lucapa Diamond Company has successfully completed the sale of three remarkable diamonds recovered from its Lulo mine in Angola, fetching a total of $10.5 million at tender.
Conducted by Sodiam in Luanda, the tender concluded on April 19, showcasing three Type IIa white diamonds weighing 203 carats, 116 carats, and 43 carats. This marked Lucapa’s first tender of Lulo diamonds for the year.
The combined weight of the diamonds amounted to 361 carats, achieving an impressive average price of $29,000 per carat.
Lucapa holds a 40% interest in the Lulo alluvial mine, partnering with Angola’s national diamond company Endiama and a private entity named Rosas & Petalas.
