Lulo Prices Slip in Angola’s Wet Season | Gem International Resources Inc.

Lulo Prices Slip in Angola’s Wet Season

 

May 16, 2017, Rapaport News, Diamonds.net

The latest sale of rough from Lucapa Diamond Company’s Lulo asset yielded an average price of $695 per carat — a drop from $1,317 at last month’s sale.

Total proceeds from the May sale amounted to $1.3 million for 1,878 carats, the company said Tuesday, adding that the Angola mine’s overall average for the year to date was $1,747 per carat.

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Source Diamonds.net