Huge 180-Carat Diamond Unearthed at Lulo
Lucapa Diamond has announced the recovery of a 180.87-carat white Type IIa diamond from the Lulo Alluvial Mine in Angola.
This is the second +100 carat diamond recovered from Lulo this year, and the 37th +100 carat diamond to be recovered from Lulo to date. Lucapa said in a statement aht “this remarkable find” occurred on June 30, 2023. In February 2023, a 150 carat white Type IIa diamond was also found at the mine.
In April, the Australian miner, which operates mines in Angola (the Lulo mine) and Lesotho (the Mothae mine), announced that it mined “record volumes” in the first quarter of the year (ended 31 March). Lucapa sold 7,162 carats from Lulo during Q1 – a rise of 75% year-on-year, while price per carat dropped 36% to $1,759.
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