News

Advanced Search

Lulo Mine Turns Out Sixth Large Stone This Year

Apr 6, 2021 5:25 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT...
Lucapa Diamond Company has recovered a 144-carat rough diamond from its Lulo alluvial mine in Angola, it said Tuesday.

The company found the D-color, type IIa diamond at the site’s Mining Block 08, a section of the deposit known for its large, high-value rough. The stone is the sixth over 100 carats Lucapa has found at Lulo this year, and the 23rd of that magnitude from the site since mining operations began.

The miner unearthed three 100-carat-plus diamonds last week: a 131-carat, D-color, type IIa diamond, a 118-carat brown, and a 133-carat, lower-quality grey diamond.

“With these...recoveries and two special pink diamonds [we have] in inventory, [we] are well-positioned to achieve record diamond revenues for the first half of 2021,” said Lucapa managing director Stephen Wetherall.

Image: The 144-carat rough diamond from Lulo mine. (Lucapa Diamond Company)
Tags: Angola, lucapa, Lucapa Diamond Company, Lulo, Lulo mine, Mining Block 08, Rapaport News, Stephen Wetherall
Similar Articles
AlrosaAlrosa Sales Rise as Demand Strengthens
May 12, 2021
Alrosa’s sales jumped in April as manufacturers continued to restock amid rising demand for diamond jewelry in key
De Beers Jwaneng 140De Beers Weighs Taking Jwaneng Underground
Apr 28, 2021
De Beers is considering underground mining at its Jwaneng open-pit deposit in Botswana as a “likely approach” to extending the life
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2021 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.