Lucapa to produce high-value diamonds!
Lucapa successfully built, commissioned and Commenced commercial production! Recently at the AGM 2019, Miles Kennedy, Chairman (Non-Executive) - Lucapa Diamond Company Ltd said, Lucapa successfully built, commissioned and commenced commercial production. Lucapa’s goal is to grow as a producer. The company has to produce high-value diamonds on a sustainable and profitable basis from our two African diamond mines, Lulo in Angola and our new Mothae mine in the mountainous diamond-rich Kingdom of Lesotho. Despite being in commercial production for less than five months, Mothae has already proven itself to be one of a select few global mines producing large and high-quality diamonds. It has produced what regular Specials, rare Type IIa whites and fancy coloured gems. Mothae diamonds achieved stunning individual prices of up to US$36,000 per carat in the February commercial tender in Antwerp. Mothae was a trophy +100 carat diamond. This duly arrived before the ink drie...