Australia-headquartered Lucapa Diamond Company Limited and its partners, Angola’s state-owned Empresa Nacional de Diamantes E.P. (Endiama) and Rosas & Petalas, announced the recent recovery of a 130-carat gem quality diamond from the Lulo diamond project in Angola.
The recently-recovered stone is the 13th diamond over 100 carats recovered from the Lulo project to date and the second recovered so far in 2019.
Lucapa said that this recovery, together with the continued recovery of other large special white and fancy coloured diamonds, continues to highlight the very special nature of the Lulo diamond concession. The 130-carat diamond adds to the current inventory of high-value, large, special run-of-mine diamonds, including top colour white diamonds, weighing 128 carats and 62 carats, as well as a number of fancy pink coloured diamonds.
The majority of the diamond inventory is scheduled for sale this quarter by the alluvial mining company, Sociedade Mineira Do Lulo, however, some diamonds may be extracted and held for tender at a later date.