OTHER

Lucapa makes US$2m from Lulo sales

1,782 carats recovered from mining blocks four and six sold

Staff reporter
The 1,782 carats from Lulo sold

The 1,782 carats from Lulo sold

Lucapa and its partners, Empresa Nacional de Diamantes and Rosas & Petalas, said the sale of the alluvial diamonds recovered from mining blocks four and six generated an average price of $1,150 per carat.

The sale took the gross sales proceeds from Lulo so far this year to $15.9 million at an average price of $1,642/ct.

The sale excluded a number of large white specials stones and a coloured special recovered which were being held for a future sale.

Lucapa's shares were 1.85% lower Monday at A27c (US20c).

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