Rapaport News




Advanced search
Latest Articles
Rough Markets
Polished Markets

Lucapa Unearths 171ct. Rough at Lulo

Stone is fourth-largest recovered from the deposit.
May 11, 2020 7:42 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share

Lucapa Diamond Company has recovered a 171-carat, gem-quality diamond from its Lulo alluvial mine in Angola.

The stone is the miner’s 15th over 100 carats from Lulo to date, and the second in that size category this year, following the discovery of a 117-carat stone in January. The new find is also the fourth largest ever recovered from the site, the company said Monday.

Lucapa retrieved the stone from mining block 6, which along with mining block 8 comprises the high-value portion of the mine from which Lucapa found the 404-carat 4th February diamond. That stone, Angola’s largest diamond, sold for $16 million in 2016.

“The recovery of this 171-carat, gem-quality, white diamond continues to underpin the potential of the kimberlite-exploration program,” said Lucapa CEO Stephen Wetherall.

Image: The 171-carat rough. (Lucapa Diamond Company)
Tags: Canguige catchment, lucapa, Lucapa Diamond Company, Lulo, Lulo mine, Rapaport News, Stephen Wetherall
Similar Articles
Williamson processing plant mine PetraPetra Launches Probe into Violence Claims
Nov 12, 2020
Petra Diamonds is investigating allegations that security guards at its Williamson...
Alrosa Gives Cautious 2021 Production Outlook
De Beers to Stop Production at Botswana Mine
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First

Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
twitter twitter
About Rapaport
Advertise with us