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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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.