First diamonds recovered at Mothae mine
The
high-quality nature of this
production
from Lulo and Mothae
Lucapa
Diamond Company Limited and the Government of the Kingdom of Lesotho announce a
commercial diamond recoveries have commenced through the new treatment plant at
the high-quality Mothae kimberlite diamond mine in Lesotho.
Lucapa
Managing Director Stephen Wetherall said the commencement of commercial
recoveries through the new Mothae plant represented another key milestone in
Lucapa’s strategic development plan. “Lucapa is on track to become one of a few
listed diamond companies globally with production from more than one operating
mine.
The
high-quality nature of this production from Lulo and Mothae will also enable the
group to further its value-enhancing downstream strategy through partnerships
with global diamantaires, where discussions are well advanced.”
Lucapa’s flagship
asset is the Lulo Diamond Project in Angola, which is a prolific producer of
large and premium-value alluvial diamonds. Lulo has produced 11 +100ct diamonds
to date and is the highest US$ per carat alluvial diamond production in the
world.
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