Lucapa Diamond Company Limited (ASX: LOM) has announced the successful sale of four exceptional Type IIa diamonds from its Lulo mine in Angola, fetching a total of $2.67 million at a tender hosted by Angola’s national diamond marketing company, Sodiam E.P.
High-Value Parcel Breakdown
The 120-carat parcel included:
- Two white Type IIa diamonds weighing 45 and 28 carats
- Two pink Type IIa diamonds weighing 27 and 19 carats
The parcel achieved an impressive average price of $22,150 per carat, with the 45-carat white diamond securing the highest price per carat.
Lucapa Managing Director and CEO Alex Kidman remarked:
“This tender underscores the enduring value and demand for Lulo’s diamonds in today’s market. The strong prices align with our expectations, reaffirming the appeal of Lulo’s production. We anticipate continued success in upcoming tenders.”
Lucapa remains optimistic about future sales and continues to position its Lulo mine as a key player in the global diamond market.
