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Lucapa Rough Sale Yields $4M

Feb 13, 2017 3:27 AM   By Rapaport News
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Lucapa Diamond Company sold $3.8 million (AUD 4.9 million) of rough diamonds at a recent sale of goods from the Lulo mine in Angola.

The parcel of 2,946 carats garnered an average price of $1,276, Lucapa said. A 75-carat stone recovered in November and a 55-carat diamond extracted in December were among the items sold.

Lucapa also said it found a 227-carat rough diamond, the second-largest recovered to date at its Lulo mine. The latest discovery took place about a year after the company recovered the largest rough diamond in Angola’s history in February 2016, weighing 404 carats.
Tags: Angola, large diamonds, lucapa, Lucapa Diamond Company, Lulo, Lulo mine, Rapaport News, Rough Diamonds, rough sales
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