Lucapa Diamond Co. has recovered a 130 carat gem-quality diamond from its Lulo Diamond Project in Angola. The 130-carat diamond is the 13th diamond larger than 100 carats the miner has recovered to date and the second recovered so far in 2019 from the mine that produces the highest average US$ per carat alluvial diamond production in the world. Lucapa continues to recover large Special (+10.8 ct) white and fancy colored diamonds at the Lulo diamond concession.
Lucapa's current inventory of high-value large Special run-of-mine diamonds includes top colour white diamonds, weighing 128 carats and 62 carats, as well as a number of fancy pink colored 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.