trending Market Intelligence /marketintelligence/en/news-insights/trending/YeRSOPeai0NNwLjxpPr01w2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Lucapa sells Lulo, Mothae diamonds for US$6.4M

Blog

Top electric vehicle markets dominate lithium-ion battery capacity growth

Blog

Message in a (Word)Cloud

Blog

Essential Metals & Mining Insights - January 2021

Industry Top Trends 2021: Metals and Mining


Lucapa sells Lulo, Mothae diamonds for US$6.4M

Lucapa Diamond Co. Ltd. said Dec. 16 that it generated sales of US$6.4 million from the latest sale of diamonds from its Lulo alluvial mine in Angola and the Mothae kimberlite mine in Lesotho.

The company said that 3,274 carats of Lulo diamonds were sold for gross proceeds of US$3.4 million, while 6,617 carats of Mothae diamonds were sold at tender for gross proceeds of US$3.0 million.

The Lulo diamonds sale represents an average price per carat of US$1,037 while the Mothae diamonds sale represents an average price per carat of US$455.

Lucapa said that it excluded from the sale the 220-carat Mothae diamond recovered in November, which is being considered for cutting and polishing, along with the 46-carat Lulo pink diamond.

The company reported total sales of US$38.5 million and US$16.5 million from Lulo and Mothae diamonds, respectively, for the year.