Lucapa owned 40% diamond company Sociedade Mineira do Lulo (SML) sold 1,864 carats of diamonds from the Lulo Project (Lulo) in Angola for $ 8.3 million.
The average price of the stones was $ 4452 per carat.
Past auction yielded maximum revenue in all the diamonds from the Lulo tenders, excluding the sale of a 404-carat stone in February for $ 16 million.
Thus, Lucapa are continuing to observe strong demand for larger sizes of premium diamonds mined at its diamond project.
Since the beginning of this year, the sale of diamonds from the Lulo has brought the company $ 44.8 million, and the average price was $ 3132 per carat.
New bids must pass before the end of this year, and diamond stocks SML up to date 2800 carats, noted in Lucapa.
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WFDB (World Federation of Diamond Bourses, WFDB ) commended the appointment of Stephen Loussier (Stephen Lussier), Director General of the Forevermark brand, owned by the De Beers Group, as chairman of the Association of Diamond Manufacturers (Diamond Producers Association, DPA).
ReplyDeleteWFDB President Ernie Blom (Ernie Blom) said that the DPA will benefit from the many years of experience in the diamond industry Lussier.
"The breadth of knowledge of Stephen in the diamond business is one of the best in the sector, and therefore DPA will benefit from the guidance of Stephen" - Blom said.
Loussier has worked for De Beers for over 30 years.
"I believe that the DPA can create beautiful marketing initiatives WFDB is ready to operate and maintain the DPA. More than 20 000 members of 30 bourses affiliated to the WFDB, can work together for the good of the whole diamond trade. Diamond Marketing as product category is very important for the jewelry industry sector success and I expect that we will be able to join forces with DPA to achieve this goal ", - concluded Blom.