7 Exceptional Diamonds Earn Over $20 million at Luanda Tender

Lucapa Diamond Company Limited has announced earlier this week that seven exceptional diamonds achieved USD $20.4 million on international diamond tender. The international diamond tender was conducted by SODIAM E.P. in Luanda, Angola and featured seven special sized diamonds weighing 767 carats. The diamonds were recovered by SML from the Lulo alluvial mine.  Most notably, “The Lulo Rose”, a 170-carat fancy coloured diamond was among the stones up for tender, along with three +100 carat white Type IIa diamonds and three other special sized white Type IIa stones. The seven diamonds achieved a total sale amount of USD $20.4 million, averaging USD $26,536 per carat. The total net amount raised from the bidding was USD 28.7 million with the sale of 1,819.79 carats according to SODIAM.

_{Source and Photo Credit: Lucapa Press Office}