Saturday, December 7, 2024

Lucapa’s diamonds shine bright: $10.5 million success in TAGS tender

Lucapa Diamond Company made waves with three extraordinary diamonds, collectively fetching $10.5 million at a recent tender in Angola. Hosted by Trans Atlantic Gem Sales (TAGS) and Angola’s Sodiam, the sale featured 20 diamonds, all of which were sold, surpassing reserve prices by 17%. With participation from 38 international companies, the tender, held from April 11 to 19, showcased 636.2 carats of rough, valued at $16.9 million.

The trio of rough diamonds, weighing 203, 116, and 42 carats respectively, were unearthed from Lucapa’s Lulo mine in Angola during the first quarter of the year. Nick Selby, Lucapa’s managing director, expressed contentment with the acknowledgment of the diamonds’ exceptional quality. With an average price per carat of $29,000, the sale underscores the enduring strength of the high-end diamond market.

Alice
Alice
Alice is a seasoned jewelry designer renowned for her exquisite creations that seamlessly blend artistry with elegance. With a passion for craftsmanship and an unwavering commitment to quality, Alice has established herself as a distinguished figure in the world of fine jewelry. Drawing inspiration from diverse cultures and artistic movements, Alice brings a unique perspective to her designs, creating pieces that transcend mere accessories to become timeless works of art. Her meticulous attention to detail and insistence on using only the finest materials ensure that each creation reflects not only her artistic vision but also a commitment to unparalleled craftsmanship. Having honed her skills through years of dedicated practice and a keen understanding of evolving trends, Alice is adept at translating her clients' desires into bespoke, one-of-a-kind pieces. Her portfolio encompasses a range of styles, from classic and timeless to avant-garde and contemporary, showcasing her versatility and ability to cater to a diverse clientele.

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