The latest sale of Lulo project (Angola) production by Lucapa Diamond Company (ASX:LOM) reached a new record: 1 863 ct were sold for US $8.3 million (at a US$ 4 452 per carat average price) – ASX Announcement of 07 November. That announcement follows an earlier dated 27 October describing the continued recovery of large diamonds in … Continue reading US $8.3 million, 1 863 ct diamond record sale by LUCAPA DIAMOND COMPANY
Two 50+ ct stones recovered at the Lulo project
Lucapa Diamond Company Ltd. (ASX:LOM) announced the recovery of two 50+ ct diamonds in the Lulo diamond project. The press release highlights: Diamonds weighing 57.76 carats and 50.08 carats among 10 more large special diamonds (>10.8 carats each) recovered from Mining Block 8 at Lulo A total of 24 large special diamonds recovered to date from Mining Block … Continue reading Two 50+ ct stones recovered at the Lulo project
LULO (Lucapa Diamond Company) 1,539 ct parcel sold at 1.500 USD/ct
Lucapa Diamond Company Limited (ASX: LOM) just announced the sale of a fourth parcel of diamonds from the Lulo Diamond Concession in Angola for gross proceeds of A$2.9 million as alluvial mining operations at the project continue to ramp up. The sale represented an exceptional average price of A$1,870/carat (US$1,500) for the 1,539 carat parcel, demonstrating … Continue reading LULO (Lucapa Diamond Company) 1,539 ct parcel sold at 1.500 USD/ct
Alluvial sampling and kimberlite at LUCAPA’s (ASX:LOM) Lulo project
Lucapa Diamond Company Limited (ASX: LOM) recently released some reports containing information (grade and stone size) on the samples recovered in their Lulo concession – our post of December 19 about the scheduled start of the alluvial operations. The releases are detailed but we decided to extract the locations of their reported sampling pits and … Continue reading Alluvial sampling and kimberlite at LUCAPA’s (ASX:LOM) Lulo project
On the right path ? – recent developments in the Angolan diamond industry
The last couple of months witnessed a string of interesting news coming from Angola. The Lulo project (perhaps currently the hottest diamond exploration property in Angola) gained international attention as a result of a recent presentation in New York and well planed media actions. The project is located in the heartland of Angolan diamonds, in the … Continue reading On the right path ? – recent developments in the Angolan diamond industry
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