Industry News

October 20, 2019

Lucapa Diamond’s 40%-owned Lulo alluvial mine in Angola, has sold 1,736 carats of diamonds for $2.6 million, representing an average price per carat of $1,530.


This took total 2019 sales of Lulo diamonds to date to $35.1 million at an average price per carat of $2,090....

October 16, 2019

Lucapa Diamond Company earned $10.4 million from its latest sale of rough stones, bringing its total for the year to date to $45.9 million.

The miner sold 5,469 carats from its Lulo mine in Angola for $5.9 million, at an average price of $1,087 per carat, it reported...

September 11, 2019

Lucapa Diamond is projecting output at its 40%-owned Lulo mine, in Angola to improve in the second half of the year following the move to flood plain blocks which are expected to produce average grades much higher than those achieved during the first half. 


Lulo’s firs...

August 11, 2019

Lucapa Diamond Company garnered $6.2 million at a tender of rough stones from its Lulo and Mothae mines, bringing the total to $35.5 million for the year to date. 

The miner sold 3,558 carats from its Lulo mine in Angola, bringing in $4.4 million at an average price o...

July 17, 2019

Sales of rough from Lucapa Diamond Company’s Lulo mine doubled to $10 million in the second quarter, reflecting higher volumes and an increase in the average price, the company said Monday.

Sales volume surged 63% to 5,573 carats, while the average price grew 22% to $...

May 27, 2019

Lucapa Diamond Company aims to pinpoint a huge source of rough diamonds at its Lulo mine in Angola within the next two years, it said Monday. 

The Australia-based miner has found high-quality stones at its alluvial deposit, including the 404.20-carat 4 de Fevereiro, t...

May 19, 2019

Lucapa Diamond Company has recovered a 130-carat, gem-quality diamond from its Lulo alluvial mine in Angola. 

The stone is the miner’s 13th over 100 carats to date, and its second in that size category this year, it said last week. It found a 128-carat, white, type II...

April 16, 2019

Output at Lucapa Diamond Company’s Lulo mine in Angola fell in the first quarter, as it focused on processing ore from lower-grade mining areas. 

Production declined 25% to 3,369 carats, compared with 4,507 carats the previous year, the miner said last week. Sales vol...

March 25, 2019

Diamond resources at Lucapa Diamond Company’s Lulo alluvial mine in Lesotho are 90% higher than it originally estimated, according to an independent valuation. 

Lulo has 80,400 carats remaining in the mine, according to a December 2018 study by external consulting com...

February 19, 2019

Lucapa Diamond Company has recovered a 128-carat white diamond from its Lulo alluvial mine in Angola, the company said Tuesday. 

The type IIa stone, which it found at the deposit’s Mining Block 6 region, is the miner’s 12th over 100 carats to date. Lucapa also recentl...

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