PRECIOUS METALS

$400 per carat for Lulo diamonds

LUCAPA Diamond Company has received an average price of $400 per carat for its fifth parcel of diamonds sold, the total weight of which was 2559ct.

Barry Avery
This 40.59 carat type 2A diamond was recovered from Mining Block 8 at Lulo recently.

This 40.59 carat type 2A diamond was recovered from Mining Block 8 at Lulo recently.

The alluvial stones generated gross revenues of $A1.02 million, which will be used to continue funding of operations at the Lulo project in Angola.  The sale brings to $10.7 million the total proceeds...

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