The most recent sale thus allows Lucapa Diamond Company and partners (Endiama and Rosa & Petals) to reach a total of 21.3 million dollars with the diamond trade this year. According to Novo Jornal, 16,128 carats of rough diamonds have already been sold this year.
The Lulo mine has proven to be a well of fortune. In 2016, the mine broke the world record for carat prices: the price per carat was set at 2983 dollars, in a sale that averaged 1450 dollars per carat.
As for the stones discovered, this mine also stands out. So far the four largest diamonds in the country have been found at the Lulo mine, including the 404 carat yolk which was sold for 16 million dollars to Grisogono (from Isabel dos Santos and Sindika Dokolo, who has since gone bankrupt). The stone was turned into jewelry and at auction was sold for about 34 million dollars.
In view of the positive results, the Australian company decided to go ahead with a project to find kimberlites in the mine, which has more than 3000 square kilometers. The aim is to find out where the giant diamonds that have been found in recent years in this mine come from.
The most recent discovery, in May, of a 171 carat diamond, led Lucapa to insist on the search. According to Novo Jornal, the company believes it is close to finding the "mother" of these giant minerals, admitting that now is the time for those interested to invest, since the company may come to play the role of supplier of diamonds of great value and quality to the market.