Lucapa Sells $2M of Rough from Lulo Mine

RAPAPORT... Lucapa Diamond Company garnered $2 million at its July saleof diamonds from the Lulo mine in Angola, it said Tuesday. The miner sold 2,527 carats of alluvial rough at the tender,fetching an average price of $800 per carat. The sale excluded four large, type IIa white stones weighing43 carats, 70 carats, 75 carats and 114 carats, as well as a 46-carat coloredstone. Lucapa will sell those at a tender later this year. The miner will also hold its first sale of diamonds from itsMothae mine in Lesotho in the fourth quarter, offering goods from its bulk-samplingprogram. Other than Lulo and Mothae, Lucapa is carrying outexploration at the Brooking lamproite project in Western Australia, as well asthe Orapa Area F project in Botswana.