Lucapa Diamond Company announced achieving ‘exceptional’ prices from its recent sale of diamonds, clocking a total revenue of A$5.1 million, reports say. The diamond lot was the sixth from the Lulo Diamond Concession with an offer of 1,621 carats of diamonds. The average selling price of the diamonds achieved was A$ 3,132 per carat. According to the company, its sales so far have clocked premium average prices which in turn underline the importance and increase ‘value and planned returns of every cubic metre of alluvial gravel we mine at Lulo’.

The sale of diamonds from Lulo so far have totaled around 8,037 carats of diamonds.

The company is ongoing in its recovery of exceptional large diamonds from Mining Block 8, and plans to hold one or two additional sales in the year.