Aug 20, 2015

Lucapa’s Lulo Diamond Concession Yields More Large Diamonds

Lucapa Diamond Company which has garnered some good sized diamonds in the past has recovered “five large special diamonds  from just the first four days of mining at the BLK_08 area at the Lulo Diamond Concession in Angola”, the company announced.

The five special (gems weighing 10.8 cts and above) diamonds have a weight of 53.2 cts, 21.7 cts, 21.1 cts, 12.0 cts, and 10.8 cts. respectively. This takes the total number of specials found to 15, with an average weight of 19.7 cts.  

“We are now mining in what is obviously a very exciting diamond field,” said Lucapa Chief Executive Stephen Wetherall. “The BLK_08 area yielded our biggest diamond to date, which was a spectacular 131.4 carat D-colour Type IIa gem recovered during our initial bulk sampling programmes. The fact that large special diamonds account for some 45% carats we have recovered from the mining in this area to date underlines the exceptional nature of this alluvial diamond field and kimberlite province.”

The next sale of Lulo diamonds will take place in September 2015, the Company said, and about 3,000 cts are expected to be on offer.