Lucapa finds Angola mine’s second-largest diamond

Australia’s Lucapa Diamond has unearthed a 235 carat type IIa diamond from its prolific Lulo mine, the second largest recovered at the Angola operation since it opened in 2015. The find comes barely a week after the recovery of a 208 carat diamond at the same mine, which is the third-largest ever recovered from Lulo. … Read more

Lucapa’s Lulo Mine Turns Out 160ct. Rough

 Lucapa Diamond Company has recovered a 160-carat, high-quality rough from its Lulo mine in Angola, the sixth-largest stone the deposit has yielded. The company found the type IIa diamond at the same alluvial mining block from which it unearthed a 170-carat pink — the Lulo Rose — in July, Lucapa said last week. The new … Read more

Lucapa says 204 carat diamond recovered at Mothae mine in Lesotho

Lucapa Diamond Company yesterday announced the recovery of a 204 carat diamond from the Mothae mine in Lesotho. According to the company’s statement, the 204 carat white stone is the eighth +100 carat diamond and third +200 carat to be recovered from the Mothae mine since commercial mining commenced in January 2019, underlining its unique … Read more

Lucapa Sales Surge in Buoyant Market

Lucapa Diamond Company’s revenue rose in the third quarter amid strong demand and an increase in sales volume. Sales from the miner’s Lulo deposit in Angola and Mothae in Lesotho soared 86% to $8.6 million for the three months ending September 30, it said last week. Sales volume jumped 57% to 15,690 carats, outweighing a … Read more

Lucapa acquires Merlin diamond project in Australia

Lucapa Diamond announced that it has entered into a binding asset sale agreement for the acquisition of a 24km2 mining lease and a 283km2 exploration tenement encompassing the mining lease and associated equipment and assets the Merlin Assets from Merlin Operations Pty. Merlin Operations is a wholly-owned subsidiary of Merlin Diamonds Limited, which is in … Read more