RAPAPORT… Lucapa Diamond Company has found a 114-carat stone at its Lulo mine in Angola, it said Wednesday.
The diamond, which it recovered from Lulo’s alluvial
mining block 6, is the 11th over 100 carats the company has unearthed, and the
third in 2018.
Lucapa will sell the stone at a tender later this year along with
other large diamonds from its inventory, it said.
The miner also operates the Mothae mine in Lesotho, the Brooking
lamproite-exploration program in Australia and the Orapa Area F project in
Botswana.
Lucapa Continues Big-Diamond Streak
The Bottom Line
- Lucapa recovered a 114-carat diamond from alluvial mining block 6 at its Lulo mine in Angola.
- This is Lucapa’s 11th diamond exceeding 100 carats and the third such find in 2018.
- The company plans to sell the stone at a tender later this year alongside other large diamonds.
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