Africa Mining: Lucapa finds another large diamond in Angola

Australia’s Lucapa Diamond Company has discovered at the Lulo concession in Angola yet another very large diamond, weighing 172.67 carats (35.534 grams), the company announced in a statement released on Monday.

The company specified that it is the fifth stone over 100 carats discovered at that concession in Angola and that it is nearly colourless and almost entirely without impurities.

Last February the Lucapa Diamond Company announced the discovery of the largest diamond ever found in Angola, weighing 404.2 carats or about 80 grams. It was later sold for US$16 million.

Early this September the company discovered a 38.6 carat pink diamond, the largest coloured gemstone found at the concession located 630 km east of Luanda.

The company’s partners at the concession are the state-held Empresa Nacional de Diamantes de Angola (Endiama) and the private company Rosas & Pétalas. (source: Macauhub)