News

Advanced Search

Lulo Diamond Sale Fetches $1,868/ct.

Sep 28, 2016 8:57 AM   By Rapaport News
Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... Lucapa Diamond Company achieved an average price of $1,868 per carat at a sale of rough diamonds from its Lulo mine in Angola.

The miner garnered $4.1 million (AUD 5.3 million) for a parcel of 2,209 alluvial diamonds, bringing total sales for the year to date to $32.1 million.

The next sale is scheduled for October and will feature the 104-carat and 172-carat diamonds recovered earlier this month in addition to run-of-mine production.
Tags: Angola, lucapa, Lucapa Diamond Company, Lulo, Lulo mine, Rapaport News, Rough Diamonds
Similar Articles
De Beers 600De Beers Buys Peregrine Diamonds for $81M
Jul 19, 2018
De Beers’ Canada business has agreed to acquire exploration company Peregrine Diamonds, which owns the promising
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
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.