Huge diamonds continue to emerge from Lulo de Lucapa mine in Angola



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Australian Lucapa Diamond (ASX: LOM) found another great candle at his prolific Lulo mine in Angola – a 114-carat diamond, the eleventh diamond of over 100 carats recovered to date, and the third this year

. The 114-carat diamond is the eleventh more than 100 carats recovered to date and the third this year.

The company said the stone will be added to an inventory of large diamonds that will go on sale at a later date.

Last week, the young miner said Lulo had sold 118 special diamonds in the first half of 2018, including a 46-carat pink stone, the largest gemstone rock ever recovered.

Lucapa has a 35-year license for the project, which in February bore a mbadive 404.2-carat white diamond, considered the largest diamond ever recovered in Angola and the largest ever found by an Australian company.

He also holds a 70% interest in the Lesotho-based Mothae project, located less than 5 km from Gem Diamonds & # 39; (LON: G EMD) The Letšeng mine, which delivered a rock in February of 910 carats, the fifth largest gem quality diamond ever found.

Angola is the world's fourth largest diamond producer and No. 6 in volume. Its industry, which began a century ago under Portuguese colonial rule, successfully came out of a long period of hardship as a result of a civil war that ended in 2002.

  The results from Lucapa's Lulo Diamond Project] Results from Lucapa's Lulo Diamond Project jump to record mined volumes

Selection of Lulo Specials in the inventory of unsold diamonds. ( Image courtesy of Lucapa Diamond. )

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