GJ Town India

All together 2 & one more large diamond recovered at late in Quarter recovered Lucapa Diamond Company provides an overview of its achievements during the December 2018 Quarter. These included two of the most important milestones in Lucapa’s history, which will underpin an exciting new era of growth for the Company:   1: Commencement of commercial diamond recoveries at the new 1.1Mtpa Mothae kimberlite mine in Lesotho, delivering high-value production from a second African diamond mine, 2: The approval of historic new diamond marketing regulations in Angola enabling Lucapa and its partners to commence marketing large and exceptional diamonds from the Lulo alluvial mine via an international competitive bid process. These milestones have positioned Lucapa to achieve another strategic goal in 2019: ‘To pursue its value-adding partnerships with leading global manufacturers and diamantaires for the cutting and polishing of select high-value diamonds.’ Mothae

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 diamond