(Ecofin Agency) - In Angola, the first sale of alluvial diamonds from Lulo mine for H2 this year generated gross revenues of $2 million. Lucapa Diamond and its project partners reported today July 24 that they sold 2,527 carats at an average price per carat of $800.

Lucapa said that the July sale excluded four large white specials and a pink colored special, which has been held for sale later this year. This include three large white diamonds and one colored gem, recovered in the first half of 2018, as well as a 114-carat diamond recovered earlier this month.

In the first half of 2018, Lucapa Diamond sold $15.9 million worth of gems from the Lulo mine at an average selling price of $1,642/carat. Diamond production was 9,566 carats during the same period.