Sales of Angola's Lulo mine diamonds in earlier this year were $22.1m, achieving an average price per carat of $3,668, making Lulo the world’s highest-average-price alluvial diamond producer. Parcels totalling 5,573 carats of diamonds achieved total revenues of $10m, giving an average price of $1,800 per carat. Lulo mining company Sociedade Mineira Do Lulo (SML) has retained high carat stones which include the 130 IIa D-colour diamond as well as the 46-carat pink stone found the first half of 2019. SML plans a 50% increase in plant at Lulo, to bring throughput to approximately 450,000 m3 by 2020.
Sales of Angola's Lulo mine diamonds in the first half of 2019 were $22.1m, achieving an average price per carat of $3,668, making Lulo the world’s highest-average-price alluvial diamond producer. Parcels totalling 5,573 carats of diamonds achieved total revenues of $10m, giving an average price of $1,800 per carat. Lulo mining company Sociedade Mineira Do Lulo (SML) has retained high carat stones which include the 130 IIa D-colour diamond as well as the 46-carat pink stone found earlier this year. SML plans a 50% increase in plant at Lulo, to bring throughput to approximately 450,000 m3 by 2020.