Lucapa Diamond realised $10.5 million from three Lulo Type IIa diamonds sold at a tender organised by Sodiam E.P. in Luanda, Angola.
The stones - 42 carats, 116 carats and 203 carats - were part of the 361 carats tendered by Sodiam.
“This is the first tender of Lulo diamonds for 2024 and we are pleased to see that the outstanding quality of these Type IIa diamonds has been recognised by the diamantaires who competitively bid for the stones,” said Lucapa chief executive Nick Selby.
“An average price per carat of $29,000 for the parcel is further proof that the high-end sector of the diamond market continues to be buoyant.”
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
