Lucapa's seven sparklers sell for $23M

LUCAPA Diamond Company is celebrating after the sale of seven large and top-quality diamonds weighing 498 carats from the Lulo alluvial mine in Angola fetched around US$16.7 million (A$22.9 million) under the African nation’s new diamond marketing policy.

Lucapa's seven sparklers sell for $23M Lucapa's seven sparklers sell for $23M Lucapa's seven sparklers sell for $23M Lucapa's seven sparklers sell for $23M Lucapa's seven sparklers sell for $23M

One of Lucapa's stunning gems.

While Lucapa's shares have been on the skids since September, they rallied on the sale news today, jumping 11.1% to hit A20c, valuing the company at $96 million.

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