Three +100 carat diamonds recovered at Lucapa’s Lulo mine

Lucapa rough diamonds

Lucapa Diamond Company and its partners Endiama and Rosas & Petalas have announced the recovery of three +100 carat diamonds by Sociedade Mineira Do Lulo from the Lulo alluvial diamond mine in Angola. The 131-carat is a Type IIa D-colour diamond, the 118-carat is a brown diamond and the 133-carat stone is a lower-quality grey … Read more

Two diamonds weigh over 100 carats each found in eastern Angola’s mine

Angolan rough diamonds

Dundo, Angola. Two diamonds, one 131-carat and the other 133-carat, were found in Angola’s Lulo mine in eastern Lunda Norte province, national diamond company Endiama announced here Friday. The white colored gems were found in block 46 and 21 with more than 100 carats discovered in that mine, according to a note from Endiama. Since … Read more

Lucapa Diamond Company sells Angola diamonds for $9M

Lucapa diamonds

Lucapa Diamond Company has pocketed a neat $9 million from the latest diamond sales from its Lulo alluvial mine in Angola. The diamonds were sold through Lucapa’s partners, Empresa Nacional de Diamantes and Rosas & Petalas, for an average US$1550 per carat. With 4269 carats sold, this brings the total proceeds from the sale to … Read more

Population denounces illegal extraction of diamonds in Angola

Angolan diamonds

Luanda, Mar 4 (Prensa Latina) Popular claims in southern Angola warned of the illegal extraction of diamonds and other natural resources in localities of Cuando Cubango, local press reported on Wednesday.According to the Jornal de Angola daily, the warnings came from the municipality of Mavinga, where the population observed a group of foreigners in clandestine … Read more

Angola’s Rough-Diamond Revenue Rises in 2019

Angola Rough Catoca Mine

Revenue from Angola’s national diamond-trading company, Sodiam, rose 6% in 2019 as the company sold a higher volume of rough goods. Proceeds for the year came to $1.3 billion from the sale of 9 million carats of rough diamonds, compared with 8.4 million carats in 2018, the government said in a Facebook post last week.  … Read more