Lulo recovers diamonds of 116 and 162 carats


Lucapa Diamonds Company Limited, ENDIAMA and Rosas & Petalas announced last week the recovery of two diamonds weighing over 100 carats at the Lulo mine, located in the province of Lunda Norte.

The two special stones (116 and 162 carats) of type IIa were recovered in Mining Block 46, and are the 41st and 42nd largest diamonds over 100 carats to be recovered at the mine since operations began in 2010.

The Chairman of the Board of Directors of ENDIAMA-E.P, Ganga Júnior, said that this discovery once again confirms the concession’s potential for recovering special stones over 100 carats and encourages Lulo’s Board of Directors to intensify prospecting work in order to increase the project’s reserves and continue to extend its useful life.

“This type of stone demonstrates to any and all investors the great diamond potential that Angola has, so it would be an added value for them to come and invest in the country’s diamond subsector,” he said.

The mine is operated by Sociedade Mineira do Lulo, made up of the Angolan companies ENDIAMA E.P (32%) and Rosas & Pétalas (28%), as well as the Australian company Lucapa Diamond (40%).

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