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Lucapa Diamond Company: Lulo Diamonds Sell for A$9.6 Million
Nov. 21, 2017 09:01AM PST
Gem Investing
Lucapa Diamond Company Limited (ASX: LOM) (“Lucapa” or “the Company”) and its partners, Empresa Nacional de Diamantes E.P. (“Endiama”) and Rosas & Petalas, have completed the eighth sale for 2017 of alluvial diamonds from the Lulo Diamond Project in Angola. As quoted in the press release: The sale of 4,126 carats of Lulo diamonds achieved …
Lucapa Diamond Company Limited (ASX: LOM) (“Lucapa” or “the Company”) and its partners, Empresa Nacional de Diamantes E.P. (“Endiama”) and Rosas & Petalas, have completed the eighth sale for 2017 of alluvial diamonds from the Lulo Diamond Project in Angola.
As quoted in the press release:
The sale of 4,126 carats of Lulo diamonds achieved gross proceeds of US$7.3 million (A$9.6 million), representing an average price per carat of US$1,770 (A$2,332).