Another Huge Diamond Discovered in Angola

The 227-carat stone was present in a brand new mining block on the Lulo mine. Photo courtesy of Lucapa Diamond Company.

Weighing 227 carats, newest gemstone from Lucapa’s Angolan diamond mine is its second largest so far

A 227-carat diamond, the second-largest ever present in Angola, has been found on the Lulo Diamond Project mine east of the capital Luanda, Australian miner Lucapa Diamond stated on Monday.

Lucapa, together with Angolan state agency Empresa Nacional de Diamantes W.K., co-personal the mining concession.

A 404-carat stone was found in 2007, Lucapa stated.


“The restoration underlines the numerous potential of the Lulo Kimberlite drilling programme,” the Australian firm stated in a press release.

Angola is the world’s fourth-largest diamond producer by worth. It is eager to seek out various exports to grease, following a pointy drop in international crude costs during the last two years which has pressured it tA 227-carat diamond, the second-largest ever present in Angola, has been found on the Lulo Diamond Project mine east of the capital Luanda, Australian miner Lucapa Diamond stated on Monday.

Lucapa, together with Angolan state agency Empresa Nacional de Diamantes W.K., co-personal the mining concession.

A 404-carat stone was discovered in 2007, Lucapa said.

“The restoration underlines the numerous potential of the Lulo Kimberlite drilling programme,” the Australian firm stated in a press release.

So far Lucapa has unearthed seven diamonds over one hundred carats from the Lulo diamond undertaking. Located 150km from Alrosa’s Catoca mine, the world’s fourth largest diamond mine, Lulo hosts Type IIa diamonds which account for lower than B% of worldwide provide.

Angola is the world’s fourth-largest diamond producer by worth. It is eager to seek out various exports to grease, following a pointy drop in international crude costs during the last two years which has pressured it to borrow to cowl a shortfall in income.o borrow to cowl a shortfall in income.

©  Reuters.


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