News Bureau

Lulo diamond production of 5,278 carats!

Lulo Diamond announced its Quarterly activities report for the period ended 30 September 2017. Focusing Alluvial production and exploration, Lulo says, they have continued production of large and premium-value diamonds including 68 Specials (>10.8 carats) & other Specials stone included two 83 carat diamonds and eight other +50 carat stones.

Overall treatment volumes of 60,092 bcm leave Lulo on track to achieve record annual production of

240,000 bcm & received diamond production of 5,278 carats takes year to date recoveries to 13,580 carats. Lulo continued Cash Generation, US$8.8m gross diamond revenues take year to date sales to US$24.3m at US$1,640 per carat while US$9.4m SML 30 September 2017 cash balance plus 1,710 carats held in diamond inventory

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