iamond Company Ltd recently recovered a gem-quality 117-carat diamond from its Lulo alluvial mine in Angola.
This latest find is the 14th 100-plus carat diamond recovered to date from Lulo by Lucapa and its partners Empresa Nacional de Diamantes EP and Rosas & Petalas. It was among a special group of diamonds unearthed recently from Mining Block 19.
Mining Block 19 is located between Mining Blocks 6 and 8, which have together produced 12 100-plus carat diamonds, including Angola’s biggest recorded gem – the 404-carat 4th February Stone retrieved and sold in 2016 for US$16 million.
Lucapa Managing Director Stephen Wetherall commented, “The recovery of this 117-carat diamond represents a positive start for Lulo in 2020 as we continue rolling out our plans to increase production and revenues this year.”
Lucapa also continues to recover large diamonds from the Mothae kimberlite mine in Lesotho, which is 70 percent-owned by Lucapa, with its latest discovery including a 60-carat gem-quality stone.