Six diamonds from Lucapa Diamond's 40%-owned Lulo alluvial mine in Angola were sold for $12.4 million at a tender run by Sodiam E.P. in Luanda.
It said the six Lulo diamonds sold totalled 447 carats and consisted of five white Type IIa diamonds weighing 195 carats, 89 carats, 68 carats, 51 carats, 28 carats and a 14-carat pink.
The diamonds were sold at an average price per carat of $27,700, with the 14-carat pink, attracting the highest price per carat from the parcel.
“A very pleasing tender result, our second this year,” said Lucapa chief executive Nick Selby. “Our alluvial project continues to deliver fantastic diamonds that are always in demand through all market cycles and achieve very competitive values.”
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
