Australia’s Lucapa Diamond (ASX:LOM) has recovered a 171 carat gem-quality stone from its prolific Lulo mine in Angola, which was restarted in early May.
The miner said the white diamond is the 15th 100-plus carat it has recovered to date from Lulo and the second 100-plus carat precious rock found in 2020.
The diamond was recovered from mining block six, where five
other 100-plus carat diamonds had been previously unearthed.
Mining blocks six and eight have now produced 13 of the 15 100-plus carat diamonds recovered at Lulo, Lucapa said. This includes Angola’s largest recorded gem, which is a 404 carat diamond sold in 2016 for $16 million.
The miner has a 40% stake in the Lulo mine, which hosts the world’s highest dollar-per-carat alluvial diamonds. The rest is held by Angola’s national diamond company (Endiama) and Rosas & Petalas, a private entity.