Lucapa Diamond Company Limited (ASX: LOM) (“Lucapa” or the “Company”) is pleased to announce that four Type IIa Lulo diamonds sold for a total of US$2.67m at a tender hosted by Sodiam E.P in Angola. The 120 carat parcel consisted of two white Type IIa diamonds weighing 45 carats and 28 carats and two pink Type IIa diamonds weighing 27 carats and 19 carats.
The parcel averaged approximately US$22,150 per carat with the 45 carat Type IIa white diamond attracting the highest price per carat.
Lucapa Managing Director and CEO Alex Kidman commented, “This tender continued to show the resilience and value of Lulo’s stones in the current diamond market, with the strong prices achieved in line with our expectations. Lulo’s production continues to be highly sought after and we look forward to having more successful tenders in the New Year”.
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