GJ Town India

Average price per carat earned US$1,213 in 1H   The Board, management and key stakeholders in Lucapa have deep global diamond industry experience and networks all through the value chain from exploration to retail. Refer to the review of operations contained in the directors’ report of the Interim Financial Report for the six months ended 30 June 2024 and the subsequent events. The consolidated interim financial statements for the half year ended 30 June 2024 have been reviewed by the Company’s auditors.    Lucapa diamond miner and explorer with assets in Angola and Australia. It has an interest in the Lulo Diamond Mine in Angola which has been in commercial production since 2015. The large, high-value diamonds produced from Lulo attracts the highest prices per carat for alluvial diamonds globally.    Lucapa also has a 39% interest in the Lulo Kimberlite Exploration Joint-Venture, which is exploring for the potential primary source kimberlites at the prolifi...

Lulo, the world’s highest average US$ per carat alluvial production By providing updates on Lulo diamond project in Angola Lucapa Diamond Company Limited said, the kimberlite exploration program is designed to identify the primary hard-rock source or sources of the exceptional alluvial diamonds mined at Lulo, the world’s highest average US$ per carat alluvial production.   The Lulo partners are systematically drilling ~80 targets in the current campaign proximal to, and/or upstream of, the alluvial mining blocks. Around 53 targets confirmed as kimberlites in current drilling campaign. Drill core from the confirmed kimberlites is progressively logged and exported in batches to laboratories in South Africa and Canada for mineral chemistry analysis. Further Lucapa has received the mineral chemistry results on loam samples sent to the laboratory. A micro-diamond was recovered from a pit sample at kimberlite L204, which also recorded a strong lherzolitic garne...