GJ Town India

  78 carat diamond type IIa earned the highest price per carat   Lucapa Diamond Company announce that two Type IIa Lulo diamonds sold for a total of US$3.5 million at a tender hosted by Sodiam E.P in Angola. The 171 carat parcel consisted of two white Type IIa diamonds weighing 93 carats and 78 carats, recovered from the Lulo Alluvial Mine.    The parcel averaged approximately US$20,400 per carat with the 78 carat Type IIa white diamond attracting the  highest price per carat. Lucapa Managing Director and CEO Alex Kidman said, “The first tender result for 2025 has been very encouraging, with strong prices received for both stones. The early indications are that the diamond market is recovering from the lows seen towards the end of 2024 and we are looking forward to a much more promising year.”    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 ...

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...

130 carat Type IIa white and 46 carat pink still at Lulo inventory Lucapa Diamond Company and its partners announce the results from the latest sale of diamonds from the Lulo alluvial mine in Angola. The run of mine parcels totalling 5,573 carats of Lulo diamonds achieved gross revenues of US$10.0 million (A$14.5 million), representing an average price of US$1,800 per carat. This took total sales of Lulo diamonds to date in H1 2019 to US$22.1 million achieving an average price per carat of US$3,668, further underling Lulo’s status as the world’s highest average price alluvial diamond production. The sale excluded several high-value diamonds which remain held in inventory by Lulo alluvial mining company Sociedade Mineira Do Lulo.  These diamonds include the 130 carat Type IIa D-colour diamond and a 46 carat pink. As previously foreshadowed, SML is undertaking a self-funded expansion of its Lulo diamond mining operations to deliver a ~50% increase in annualised ...