Africa-Press – Angola. Lucapa Diamond Company announced, this Wednesday, the extraction of a 208-carat diamond, at the Lulo mine, located in the municipality of Capenda Camulemba, province of Lunda Norte.
According to a statement from Lucapa Diamond, the mineral extracted in block 31 was classified by the Yehuda gauge as Type IIa.
According to the note, this is the 39th diamond weighing more than 100 carats and the second to be recovered from the Lulo mine, in October, after the 123-carat Type IIa, found in block 19.
With a concession of 3 thousand square kilometers, the Lulo mine, which currently employs 630 people, has made an investment valued at 38 million US dollars since 2018.
The mine has revealed, since the beginning of its exploration in 2010, a high potential for “quality and quantity”, having achieved, in the first year, the highest value per carat in the world, in the order of 2,985 dollars. (3,005 euros).
Lulo is also the mine where the largest diamond found so far in Angola was extracted, weighing 404.2 carats, sold in May 2016 for US$16 million and which subsequently yielded US$34 million, after cut and transformed into jewelry.
The consortium is made up of the Angolan companies Endiama EP (32%) and Rosas & Pétalas (28%), as well as the Australian company Lucapa Diamond (40%).
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