Diamond miner and explorer Lucapa Diamond Company has discovered a 176-carat diamond at the Lulo alluvial mine in Angola.
The type IIa rough is the eighth largest diamond discovered at the mine since operations began in 2015. It is also the fifth diamond over 100-carats retrieved from Lulo this year.
“The recovery of this 176-carat diamond is yet more confirmation of the massive potential of the kimberlite province where we are focusing our exploration efforts to find the source of these magnificent gems,” stated Lucapa Diamond Company Managing Director and CEO Nick Selby.
In total, Lucapa Diamond Company has unearthed 45 diamonds over 100-carats from the Lulo mine. A 195-carat diamond was dug up in May while a 203-carat diamond was discovered in March. In February, the company retrieved two diamonds weighing 162.4-carats and 116.1-carats.
The Lulo alluvial mine is home to the world’s highest dollar-per-carat alluvial diamonds and is operated in partnership between Lucapa Diamond Company (40%), Angola’s national mining company Endiama (32%) and private mining company Rosas & Petalas (28%).
