Lucapa Diamond Company Limited has successfully sold six Lulo diamonds

Jul 25, 2024

Lucapa Diamond Company Limited (ASX: LOM) announced the results of the recent diamond tender. In this tender, a parcel of six Lulo diamonds sold for US$12.4 million. The six Lulo diamonds sold totaled 447 carats and consisted of five white Type IIa diamonds weighing 195 carats, 89 carats, 68 carats, 51 carats, and 28 carats, and a 14-carat pink diamond. The average price per carat was approximately US$27,700, with the 14-carat pink diamond attracting the highest price per carat from the parcel. Sodium E.P. conducted the tender in Luanda, Angola.

This marks its second pleasing tender result this year. Its alluvial project continues to deliver fantastic diamonds that are always in demand throughout all market cycles and achieve competitive values.

 

 

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