The Conversation (0)
- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Top Stocks
Top Resource Stocks
Top Tech Stocks
Top Life Science Stocks
Trending
Trending Articles
Trending Press Releases
Trending Companies
Trending Reports
Resource
Popular Lists
Investing Ideas
Outlook Reports
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
Investing Guides
Tech
Popular Lists
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
Investing Ideas
Outlook Reports
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
Investing Guides
Life Science
Popular Lists
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
Outlook Reports
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Investing Guides
Lucapa Sells First Diamonds of 2018
Feb. 02, 2018 09:06AM PST
Gem InvestingLucapa Diamond Company Limited and its partners, Empresa Nacional de Diamantes E.P. and Rosas & Petalas, announced that they have completed the first sale for 2018 of alluvial diamonds.
Lucapa Diamond Company Limited (ASX:LOM) and its partners, Empresa Nacional de Diamantes E.P. and Rosas & Petalas, announced that they have completed the first sale for 2018 of alluvial diamonds from the Lulo diamond project located in Angola.
As quoted in the press release:
The sale of 4,170 carats of Lulo diamonds achieved gross proceeds of US$9.14 million (A$11.43 million), representing an exceptional average price per carat of US$2,192. The latest sale takes total sales of Lulo diamonds, from exploration and mining, to US$106.81 million at US$2,118 per carat.
With the latest sale completed, the next cash distribution to the Lulo partners and loan repayment to Lucapa will be considered as soon as the 2017 accounts of Lulo alluvial mining Sociedade Mineira Do Lulo are finalized.
Click here to read the full Lucapa Diamond Company Limited (ASX: LOM) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.