African miner Lucapa Diamond Company said yesterday its latest sales of diamonds from the Lulo alluvial mine in Angola and the Mothae kimberlite mine in Lesotho totaled $10.4 million.
Year to date sales are $45.9 million.
The average price per carat is $1,087 at the Lulo Mine. Excluded from the figures is a 46-carat pink diamond, which has been exported by SML to Antwerp and is being assessed for polishing.
At the Mothae Mine, the average price per carat was $837. The mine began operations in January. The company said the mine has already recovered seven +50 carat diamonds.
Lucapa Diamond is focused on becoming a producer of large and premium-quality diamonds from alluvial and kimberlite sources.
Source: DCLA