131 Carat Diamond Discovered by Lucapa in Lulo

Lucapa Diamond
Lucapa Diamond Discovery

Lucapa Diamond and its partners announced the recovery of another beaming diamond. This 131-carat white Tpe lla diamond was located in the Lulo mine in Angola. This makes the diamond the fourth +100 carat unearthed by Lulo this year alone.

Stephen, the Managing Director of Lucapa, stated: “We are very pleased with the recovery of another spectacular +100 carat Type IIa diamond at Lulo. [It] continues to illustrate the success of our long partnership with Endiama and Rosas & Petalas. The unique nature of the Lulo resource and the ongoing potential for primary source exploration is highlighted by this result.”

The Australian miner Lucapa has a 40% stake in the Lulo mine, which holds the world’s highest dollar-per-carat alluvial diamonds. As such, the discovery of this stone is the 29th +100 carat diamond discovery since commercial production started at Lulo in 2015. Interestingly, Angola is proving to have enormous diamond discovery potential with stones such as this being found regularly.

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