Angola: Lulo mine recovers fifth diamond of more than 100 ct in 2016
Tuesday, 27 September 2016 21:00
Lucapa Diamond has found at its Lulo mine in Angola a 172.67 ct diamond.
The stone is the fifth stone of more than 100 ct recovered by the firm this year, the last being a 104 ct stone last week. Also, it the sixth type IIa diamond found since operations started at the mine. In February 2016, Lucapa recovered at Lulo a 404 ct stone, the biggest ever found in Angola (world’s fourth diamond producer), which it later sold for $16 million.
The Lulo diamond mine covers an area of 3,000 km² and is situated in the Lunda Norte, 630 km east of Luanda. Lucapa detains a 35-year operating licence for the project which it acquired in 2014.
Louis-Nino Kansoun
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