CAPITAL MARKETS

Lulo diamond sells for $16M

THE 404 carat diamond recovered from Lucapa Diamond Company’s Lulo mine has sold for $US16 million ($A22.5 million).

Kristie Batten
Lulo diamond sells for $16M

The top-tier type IIa D-colour gem sold for an average price of $39,580, or $A55,585, per carat, a record price for a white diamond recovered from Lulo. The gem is the largest-ever diamond recovered...

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