Lucapa Diamond Company Limited together with its Lulo Alluvial Mine partners, Endiama and Rosas & Petalas are pleased to announce three exceptional diamonds recovered from the Lulo Mine in Q1 attracted US$10.5 million at tender.
The tender, which concluded on Friday 19 April 2024, was conducted by Sodiam E.P in Luanda, Angola. The parcel of 361 carats consisted of three Type IIa diamonds weighing 42 carats, 116 carats and 203 carats.
Lucapa CEO and Managing Director Nick Selby commented, “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. An average price per carat of US$29,000 for the parcel is further proof that the high-end sector of the diamond market continues to be buoyant.”
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