Lucapa unearths 195ct. Duro of the Lulo Mine

Lucapa Diamond Company has recovered a 195-carat Type IIa rough from its Lulo alluvial mine in Angola.

The stone is the sixth largest diamond discovered at Lulo since it began operations in 2015, Lucapa said Tuesday. It is also the fourth diamond over 100 carats recovered so far this year.

The find follows a 203-carat Type IIa rough that the miner unearthed in March while processing raw stored ore already at the site. In February, the company unearthed two type IIa stones on successive days, weighing 162.42 and 116.14 carats.

In total, Lucapa has produced 44 stones of more than 100 carats from Lulo. The company is currently working to restart production at its Merlin mine in Australia and has several exploration projects underway. These include the Orapa fields in Botswana, for which the company has decided not to renew its lease, he explained.

Lucapa also owns the Mothae deposit in Lesotho, which it announced earlier this month it planned to divest. The miner has “a number of interested parties” in addition to the Lesotho government, managing director Nick Selby said in a company annual meeting report published on Tuesday.

The company intends to focus primarily on its projects in Angola and Australia, he said.

“(Angola) is the world’s fourth largest diamond producer, and many of the diamond-rich provinces are unexplored for primary source kimberlites,” said Lucapa president Stuart Brown, who joined the company last month. past. “There is a well-accepted view among exploration geologists that Angola has the greatest potential to become a global diamond power with further discoveries of major new deposits.”

Image: The 195-carat rough diamond. (Lucapa Diamond Company)

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