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Showing posts with the label Mothae mine

Lucapa to produce high-value diamonds!

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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

55 Carat Diamond Recovered

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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 premiu