Lucapa recovers 176 ct diamond from Angola

Lucapa Diamond Company has recovered the fifth diamond weighing more than 100 ct at Lulo mine, in Angola, this year.

The 176 ct Type IIa diamond recovered is also the forty-fifth diamond weighing more than 100 ct to be recovered from the mine, and the eighth largest, since alluvial operations began in 2015.

The company says the continual recovery of these and other large, high-value diamonds has been a major source of revenue for Lulo over the years, as well as being a major informant to Lucapa’s kimberlite exploration program.

Lucapa adds that it continues to hunt for the source of these large diamonds through the kimberlite exploration program, which is currently bulk sampling kimberlites near the mining blocks where the 176 ct diamond was recovered.

“The recovery of this 176 ct diamond is yet more confirmation of the massive potential of the kimberlite province where we are focussing our exploration efforts to find the source(s) of these magnificent gems.

“As seen from the image, the diamond has not traveled far as it still displays sharp, angular edges,” says Lucapa MD and CEO Nick Selby.

The Lulo mine is a partnership between Lucapa, Angola’s Endiama, and the private Angolan company Rosas & Petalas.