Lucapa Sells $2.5M Of Rough At Third Sale Of Alluvial Diamonds From Lulo In Angola
April 12, 17
(IDEX Online) – Lucapa Diamond Company said it has completed the third sale of 2017 of alluvial diamonds from the Lulo Diamond Project in Angola.
The parcel of 1,919 carats achieved gross sale proceeds of $2.5 million, representing an average price per carat of $1,317, according to a company statement.
"The latest sale brought the gross proceeds from Lulo diamond sales to date in 2017 to US$13.2 million, at an average price per carat of US$2,055."
The 92-carat D-color diamond recovered after the third sale export from new Mining Block 28 will be included in the next sale, the firm said.