The British company MINECO officially opened the lead mine at Olovo in Bosnia and Herzegovina on...
Lucapa Diamond recovers monster diamond
Australian Lucapa Diamond Co Ltd has recovered the largest coloured gem-quality diamond to date from the Lulo Diamond Project in Angola.
The 43 carat yellow gem from Mining Block 8 at Lulo surpasses a 39 carat pink diamond recovered in September 2016.
Also among the most recent recovery of large diamonds from Lulo is a 116 carat low-quality boart stone.
Lulo is the highest US$ per carat alluvial diamond producer in the world. Company also has Mothae project. The company has a 70% interest in the Mothae kimberlite project in diamond-rich Lesotho.
Mothae is within 5 kilometres of Letšeng, the world’s highest US$ per carat kimberlite diamond mine.