Lulo Diamonds Sell for A$2.9 Million

Lucapa Diamond Company (ASX:LOM) and its partners have announced the results of the latest sale of alluvial diamonds from the Lulo Diamond Project.
As quoted in the press release:

The parcel of 1,862 carats of Lulo diamonds sold for gross proceeds of A$2.9 million (US$2.1 million), representing an average sale price of A$1,580 (US$1,150) per carat.
Further large specials (diamonds weighing more than 10.8 carats) recovered from the trial mining at the E46 alluvial terraces since the latest sale parcel include individual diamonds weighing 60 carats, 35 carats and 21 carats.

Click here to read the full press release.