RAPAPORT... Lucapa Diamond Company recovered a 38.6-carat pink diamond
from its Lulo mine, the largest fancy-color diamond found to date at
the alluvial deposit in Angola.
The stone outweighs a 28.5-carat light pink diamond discovered
at the mine. The parcel to which the pink
diamond belonged also included two light fancy yellow stones that weighed 11.9
carats and 10.9 carats. The whole package sold for a combined $4.4 million (AUD 5.8 million) last week.
Lulo has a track record of producing large rough diamonds,
the heaviest being a 404-carat stone, the largest diamond in Angolan history
$16 million. In July alone, the mine yielded
59 diamonds heavier than 10.8 carats each.