The diamond is also the second 100-carat-plus stone Lucapa retrieved in October, following the recovery of a 123-carat, type IIa rough at the start of the month.
The mine, which hosts the world’s highest dollar-per-carat alluvial diamonds, began commercial production in January 2015. Only a year later, it delivered the largest ever diamond recovered in Angola — a 404-carat white stone later named the “4th February Stone”.
It is the second 100-carat-plus diamond found at Lulo in October. Credit: Lucapa Diamond
The operation has delivered 39 diamonds weighing more than 100 carats each to date.
Lucapa has a 40% stake in the Lulo mine. The rest is held by Angola’s national diamond company (Endiama) and Rosas & Petalas, a private entity.
Angola is the world’s fifth diamond producer by value and sixth by volume. Its industry, which began a century ago under Portuguese colonial rule, is successfully being privatized.
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