|Lucapa Diamond Company Limited (Lucapa) and its partners, Empresa Nacional de Diamantes E.P. (Endiama) and Rosas & Petalas, have announced the completion of the eighth sale for 2017 of alluvial diamonds from the Lulo Diamond Project in Angola.
The sale of 4,126 carats of Lulo diamonds reportedly achieved gross proceeds of US$7.3 million (A$9.6 million), representing an average price per carat of US$1,770 (A$2,332).
The latest sale brought gross proceeds from Lulo diamond sales to date in 2017 to US$31.6 million at an average price per carat of US$1,668, reports Lucapa.The next sale of Lulo diamonds will include the 129 carat and 78 carat Type IIa D-colour diamonds recovered from Mining Block 6. The sale is expected to take place either in December 2017 or early in 2018.