Advanced Search

Lucapa Sells $7M of Angola Rough

Nov 28, 2017 4:20 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

Lucapa Diamond Company garnered $7.3 million at a sale of rough diamonds from its Lulo mine in Angola, achieving an average price of $1,770 per carat.

The sale of 4,126 carats brought total proceeds from Lulo this year to $31.6 million, at an average price of $1,668 per carat, the miner said last week.

The next sale of diamonds from the high-value deposit, taking place next month or in early 2018, will include two D-color, type IIa rough stones weighing 129.58 carats and 78.61 carats respectively. Lucapa recovered those diamonds earlier this month.
Tags: Rapaport News
Similar Articles
EkatiTwo Parties Interested in Buying Dominion
Jul 07, 2020
Two companies have expressed interest in acquiring Dominion Diamond Mines, according to an affidavit by its former CEO
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2020 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.