Lucapa Diamond Company Limited announce the results of the recent special diamond tender in which a parcel of six Lulo diamonds sold for a total of US$12.4m.
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 and 28 carats plus a 14 carat pink. The average price per carat was approximately US$27,700 with the 14 carat pink, attracting the highest price per carat from the parcel.
The tender was conducted by Sodiam E.P. in Luanda, Angola Managing Director and CEO Nick Selby commented: “A very pleasing tender result, our second this year. Our alluvial project continues to deliver fantastic diamonds that are always in demand through all market cycles and achieve very competitive values.”
