RAPAPORT… Lucapa Diamond Company has recovered a 128-carat white
diamond from its Lulo alluvial mine in Angola, the company said Tuesday.
The type IIa stone, which it found at the deposit’s Mining Block
6 region, is the miner’s 12th over 100 carats to date. Lucapa also recently unearthed a 7.5-carat, fancy-purple-pink diamond in the same portion of the
mine, it said.
The company will likely sell the stones at its next
international tender, its second under Angola’s new diamond-trading
regulations, which open sales to a larger number of buyers. At the same tender, Lucapa will also
sell a 75-carat white diamond it recovered in the fourth quarter of 2018.
Image: The 128-carat diamond. (Lucapa Diamond Company)
Lucapa Recovers 128ct. Rough
The Bottom Line
- Lucapa recovered a 128-carat type IIa white diamond from the Mining Block 6 region of its Lulo alluvial mine in Angola.
- The company also found a 7.5-carat fancy purple-pink diamond in the same area.
- Lucapa plans to sell these stones, along with a 75-carat white diamond recovered in late 2018, at its next international tender under Angola’s new diamond-trading regulations.
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