Lucapa Diamond hits monthly record at Angola diamond project
Lucapa Diamond Co. Ltd.
€0.25
19:59 22/03/17
The Lulo Diamond Project in Angola achieved a monthly treatment record of 29,657 bulk cubic metres (bcm) of alluvial gravels in October, according to a joint statement, on Wednesday, by Lucapa Diamond Company and its partners Empresa Nacional de Diamantes and Rosas and Petalas.
Lucapa Diamond Co. Ltd.
€0.00
07:46 20/03/24
Lucapa Diamond Company whose portfolio of high-quality production, development and exploration assets spanned Angola, Lesotho, Botswana and Australia, held a 40% interest in alluvial mining company Sociedade Mineira Do Lulo, the operator of the field.
Also in October, Lulo produced a total of 49 Special large diamonds, the second highest number on record for a single month at the project.
Year-to-date, Lulo produced a total of 217,999 bcm of diamonds, exceeding the 2016 calendar year total of 189,333 bcm, the company said, leaving the partners in Lulo on track to exceed the record targeted treatment rate of 240,000 bcm for the 2017 calendar year.