by: richard haruni

May 11, 2018

A 46 carat gem-quality pink diamond has been unearthed at Lucapa’s Lulo mine in Angola. This is the largest gem quality colour diamond recovered from Lulo, which has become renowned for unearthing large gem quality diamonds such as 43 carat yellow diamond recovered in January and the 39 carat pink diamond recovered in September 2016.

46 carat pink diamond - credit Lucapa Diamonds Photo Credit: Lucapa Diamonds

Significantly, the 46 carat pink diamond, along with other large Specials, was recovered from new Mining Block 4, which is an area planned for resource delineation in 2018 to be included in the alluvial JORC resource update. This Mining Block is located close to the treatment plant.

The frequent recovery of large and premium-value diamonds from new areas along the Cacuilo River valley continues to illustrate the uniqueness and potential of the Lulo diamond concession. Lulo has already recovered 10 diamonds over 100 carats to date, including Angola’s two biggest recorded white Type IIa gems weighing 404 carats and 227 carats.

 

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How much do gemstones cost? Read more here.

Whether you are looking for a gemstone to cherish and pass down to your children, or you would like to try your hand at buying and reselling precious gems, you need to have cash on hand to complete your first purchase.

But exactly how much capital do you need to invest in a gemstone? The answer depends on a variety of factors related to the stone’s aesthetic appearance, historic importance, and current market demand. In general, there are six factors that influence a gemstone cost:

  • The type of gemstone
  • The condition or aesthetics of the gemstone
  • The gemstone’s certification
  • The current demand for a stone
  • The country where the stone was sourced
  • The impact of industry trends

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