RAPAPORT…
Lucapa Diamond Company has recovered a 46-carat pink,
the largest gem-quality colored diamond it has found at its Lulo mine in Angola.
The stone beat out the 43-carat yellow gem the company found
in January, which previously held first place.
Lucapa removed the diamond from Block 4, a new mining project,
along with several other “special-size stones” — those above 10.8 carats.
The Australia-headquartered miner has recovered a number of large stones from its Lulo asset, including 10 over 100 carats. The mine has yielded two white type IIa diamonds, weighing 404 carats and 227 carats, the
largest recorded in Angola.
Lucapa also owns 70% of the Mothae mine in Lesotho, as well
as the Brooking lamproite asset in Australia and a new project in the Orapa
diamond field in Botswana.
Lucapa Finds 46ct. Pink Rough at Lulo
The Bottom Line
- Lucapa found a 46-carat pink diamond at its Lulo mine in Angola, surpassing the previous largest colored stone of 43 carats.
- The 46-carat stone was extracted from Block 4, a new mining area, alongside other stones over 10.8 carats.
- Lulo has produced multiple large diamonds, including two white type IIa stones weighing 404 and 227 carats, the largest recorded in Angola.
Summary by Rapaport AI
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