55 Carat Diamond Recovered
Recovery
of fifth +50 carat
diamond
to date from Mothae
Lucapa
Diamond Company Limited and the Government of the Kingdom of Lesotho announce the
recovery of a top-colour 55 carat diamond from the new 1.1 Mtpa Mothae
kimberlite plant in Lesotho. The 55 carat stone is the fifth +50 carat diamond
recovered to date from the new Mothae mine, where commercial production
commenced in January 2019.
Since
then Mothae mine has recovered the following the successful commissioning and ramp-up
phases for the new 1.1 Mtpa plant and an earlier bulk sampling campaign. Lucapa
looks forward to updating the market on the first quarter of commercial
operations from the new Mothae mine as part of the Company’s upcoming Quarterly
Activities Report for the March 2019 Quarter.
Lucapa
is a growing diamond company with high-value mines in Angola and Lesotho, along
with exploration projects in Angola, Australia and Botswana. Lucapa’s vision is
to become a leading producer of large and premium-quality diamonds - from both
alluvial and kimberlite sources – in Africa and other known diamond provinces
around the world.
The
Company’s focus on high-value diamond production is designed to protect cash
flows in a sector of the diamond market where demand and prices remain robust.
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