Africa Mining: Lucapa acquires $31.6-million from latest Angolan diamonds sale
Lucapa MD Stephen Wetherall said that the latest large gem-quality diamond recoveries reinforced the “extraordinary nature” of the Lulo diamond field and its large-stone kimberlite potential. “This is the eighth +100 ct diamond the Lulo partners have recovered to date and the seventh in just two-and-a-half years of commercial mining from relatively low throughout rates.”
The largest of these +100 ct Lulo diamonds is the 404 ct 4th February Stone, which produced a 163 ct flawless gem that forms part of a jewellery piece and that went on sale in Geneva, Switzerland, earlier this month. This 163 ct Lulodiamond has been described by auctioneer Christie’s as the largest D-colour flawless cut diamond ever put up for auction.(source:miningweekly.com)
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