Lucapa Diamond Company Limited has completed the latest sale of alluvial diamonds recovered from its Lulo Diamond Project in Angola and achieved gross sale proceeds of US$3 million (A$4 million).

At the sale, a parcel of 1,632 carats was sold which translates into an average price per carat of US$ 1,838.

Lucapa said that the parcel did not include the gem-quality 46 carat pink diamond or other large Special diamonds recovered recently from new Mining Block 4.

Lucapa and its partners, Empresa Nacional de Diamantes E.P. (Endiama) and Rosas & Petalas, jointly own the Lulo diamond project.

Pic caption: Diamonds from the latest parcel of Lulo rough sold by Lucapa