INDUSTRY NEWS – 30th +100 carat diamond recovered at Angola’s Lulo mine

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Lucapa Diamond Company Limited and its partners, Endiama and Rosas & Petalas, have announced the recovery of a 113 carat white Type IIa diamond by Sociedade Mineira Do Lulo (“SML”).

The stone is the 30th +100 carat diamond ever recovered by Lulo and the 5th +100 carat diamond recovered in 2022.

113 carat white Type IIa diamond recovered by SML at Lulo

113 carat white Type IIa diamond recovered by SML at Lulo

Angola’s Minister of Mineral Resources, Petroleum and Gas, Engineer Diamantino Azevedo, reacted to the discovery by commenting “The Lulo mine has had a breathtaking performance. The frequent discoveries of exceptional diamonds have contributed to positioning Angola as one of the major references in the international diamond industry.”

Dr. Ganga Júnior, Chairman of the Board of Directors of ENDIAMA, a public company, said: “We are delighted with the recovery of this white gem. ENDIAMA and its partners, Lucapa Diamonds and Rosas & Petalas, will continue to work so that these results translate into establishing a world-class mine for the socio-economic development of the region.”

Lucapa Managing Director, Stephen Wetherall, said: “The Lulo alluvial mine continues to produce diamonds of great size and quality. With the stand-alone kimberlite bulk sampling plant now in operation and processing the priority kimberlite samples, we are working hard to realise the primary source kimberlite potential on the Lulo concession.”