https://www.miningweekly.com
Diamonds
Diamonds
diamonds

Lucapa marks successful diamond tender

13th October 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company has announced revenues of A$15.7-million from the sale of seven exceptional diamonds from its Lulo operation, in Angola.

The company sold 534.9 ct by tender, achieving an average price of $29 401/ct. Of the seven diamonds sold during the tender, the 180 ct Type II white diamond recovered in June this year, and a 66 ct pink diamond, attracted the highest prices per tonne.

“This tender demonstrates that the weakness being experienced currently in the smaller goods which go into the mainstream diamond jewellery market doesn’t seem to have translated into the large, high-quality stones, where demand and prices remain robust,” said Lucapa MD and CEO Nick Selby.

Other high-value diamonds included in the parcel were a 10 ct pink as well as white diamonds weighing 96 ct, 77 ct, and two weighing 51 ct each.

Edited by Creamer Media Reporter

Comments

Projects

IMAGE OF GOLD BARS
Berg gold project, Canada
Updated 6 hours ago By: Sheila Barradas

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Resources Watch
Resources Watch
14th May 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.142 0.18s - 89pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: