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Lucapa Diamond Compnay Ltd. (ASX:LOM) announced that it has sold a 371.35-carat parcel of diamonds for gross proceeds of AU$2.92 million. They came from the company’s Angola-based Lulo diamond concession.
Lucapa Diamond Compnay Ltd. (ASX:LOM) announced that it has sold a 371.35-carat parcel of diamonds for gross proceeds of AU$2.92 million. They came from the company’s Angola-based Lulo diamond concession.
As quoted in the press release:
The sale represents an exceptional average price of $A7,873 per carat for the Lulo diamonds. The sale was conducted via tender through Angolan Government diamond sale agency SODIAM in the Angolan capital of Luanda.
It follows the sale in July 2013 of a parcel of 496.2 carats of Lulo diamonds for gross proceeds of $A3.12 million.
In total, the two sales of rough diamonds from Lulo have generated gross proceeds of more than $A6 million for an average sale price of approximately $A6,960 per carat.
Click here to read the full Lucapa Diamond Compnay Ltd. (ASX:LOM) press release.