Lucapa unearths 235 carat diamond from Lulo

Nov 09, 2023

Lucapa Diamond announces the recovery of a 235 carat Type IIa diamond, the second largest ever recovered from Lulo. The 235 carat stone is the 40th +100 carat and 4th +200 carat diamond to be recovered from the mine. It comes a week after the recovery of a 208 carat Type IIa diamond, as per the ASX Announcement on 1 November 2023.

The 235 carat stone was recovered from Mining Block 550, which is immediately south of Mining Block 19, an area which has yielded 8 +100 carat diamonds.

Lucapa Diamonds Managing Director Nick Selby said “Lulo continues to demonstrate it is a prolific producer of large diamonds. To unearth three +100 carat diamonds – with two being over 200 carats in such a short space of time from different areas of the concession, makes us more determined to find the primary source, by dedicating even more resources to the exploration program.”

It is expected this diamond will be included in a special tender, together with the 123 and 208 carat diamonds recovered earlier in the quarter and is being organised by Sodiam E.P in Luanda for later this month.

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