Apr 23, 2018 Last Updated 2:47 PM, Apr 23, 2018

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Lucapa Diamond unearths Angola's second largest diamond

diamond in bedrockAusBNAusBN - Australian mining firm Lucapa Diamond (ASX:LOM) has unearthed a 227-carat diamond at the Lulo Diamond Project mine in Angola. 

The newly-discovered diamond is the second largest to be uncovered to date at the Lulo mine, situated east of the capital Luanda, after a 404-carat stone was found last year.

The Lulo mine includes both alluvial mining operations and an advanced kimberlite exploration programme, and last year produced Angola’s largest recorded diamond.

“It is fitting that within a week of the anniversary of Angola’s biggest diamond, the 404-carat 4th February Stone, we have now uncovered Angola’s 2nd biggest diamond on record,” Managing director Stephen Wetherall said:

“The recovery of the 227-carat diamond through the new XRT circuit also vindicates our investment in this large-diamond recovering technology, which will have more than paid for itself with the recovery of this stone alone.”

Lucapa confirmed in a statement that the precious stone is a premium quality Type IIa D-colour gem, after testing was conducted on a Yehuda colorimeter.

The company has also recently announced the purchase of a 70% interest in the advanced high-value Mothae kimberlite pipe in Lesotho, as it looks to strengthen its presence in the Southern African diamond mining industry. 

@AusBNOnline

 

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