Angola : Lucapa Announces Sales Plans For Last Quarter
Mining firm Lucapa Diamond has scheduled two diamond sales for the last 2016 quarter as recoveries of large special stones continue at its Lulo mine, in Angola.
The first sale is scheduled for mid-Novemeber and will include the 172 ct and 104 ct Type IIa diamonds recovered at Lulo at the end of September. The sale parcel will also include a 72 ct Type IIa stone which the company recovered recently at the mine.
Let’s recall that Lucapa Diamond achieved last quarter ended in September, a record output of 8,853 ct of diamond at the Lulo mine. This represents a 154% increase compared to output from Q3 2015.
The Lulo diamond mine extends over 3,000 km² and is located in the Lunda Norte province, which is situated 630km east of Luanda.