A 404 ct diamond has been recovered at the Lulo project, in Angola, Australian miner Lucapa Diamonds reported on Monday. The diamond, which is the largest recorded diamond ever found in Angola, was recovered from alluvial mining at Lulo.

“We have always emphasised the very special nature of the Lulo diamond field and this recovery, together with the other 100-ct-plus diamonds recovered this year alone, is further evidence of that,” said Lucapa CEO Stephen Wetherall.

“And while we continue mining these exceptional alluvial gems from Mining Blocks 6 and 8 at Lulo, we are also continuing to advance our systematic exploration programme to find the kimberlite source of these diamonds.”

The 404 ct diamond is the twenty-seventh-largest recorded diamond in the world, and the biggest discovered by an Australian company.(Source: Miningweekly.com)