RAPAPORT… Lucapa Diamond Company has recovered a 130-carat, gem-quality
diamond from its Lulo alluvial mine in Angola.
The stone is the miner’s 13th over 100 carats to
date, and its second in that size category this year, it said last week. It found a
128-carat, white, type IIa stone in February.
The company expects to sell those two diamonds, along with a
62-carat white diamond and several fancy-pink diamonds, by June 30.
Image: The 130-carat diamond. (Lucapa Diamond Company)
Lucapa Unearths 130ct. Rough Stone
The Bottom Line
- Lucapa recovered a 130-carat gem-quality diamond from the Lulo alluvial mine in Angola.
- This is the company’s 13th diamond over 100 carats and second of this size in 2024.
- Lucapa plans to sell the 130-carat stone alongside a 128-carat type IIa and other diamonds by June 30.
Summary by Rapaport AI
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