‘Lucapa Diamond Company announced the result of a partnership deal with Safdico, cutting and polishing the 46ct pink rough diamond recovered by the Sociedade Mineira Do Lulo (SML). The exceptional rough stone was studied and polished in Antwerp and cut into a 15.2ct, Fancy Intense Orangy Pink heart-shaped diamond, alongside two pear-shaped diamonds of 3.3ct and 2.3ct diamonds. Through the deal, SML will share in the profits generated through the sale of the polished stones, enabled by new marketing regulation in Angola, set out in 2019 as part of the reforms of President João Lourenço, allowing additional sales mechanisms such as these partnerships, which can enhance the value SML delivers to its stakeholders, including the Angolan state.’
Source – The Diamond Loupe
