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Three diamonds from the Lulo mine in Angola sold for $10 million
Three diamonds from the Angolan mine of Lulo, totaling 361 carats, were sold at auction for the value of 10.5 million dollars (about 10 million euros), announced the mining company Lucapa Diamond Company.
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Economia Leilão
The three diamonds were extracted from the Lulo mine in the first quarter and the auction, conducted by Sodiam, took place on April 19, according to a statement released today.
The 361-carat lot consisted of three Type Ila diamonds - a category assigned to only about two percent of the world's diamonds, with characteristics of great purity and transparency - of 42, 116 and 203 carats, which was sold at the highest price
The average price per carat reached US$29,000 (about 27,000 euros).
The Lulo alluvial mine is known for its rare and large diamonds and is operated by the Lucapa Diamond Company and Angolan partners Endiama (state-owned) and Rosas & Pétalas.
Read Also: Bakery owner appeals to customers after losing diamond in cookie dough (Portuguese version)
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