Lucapa debt free as of July 4
Lucapa Diamond Company has fully repaid all interest-bearing loans
Lucapa Diamond Company has fully repaid all interest-bearing loans
Lucapa Diamond Company sells Lulo diamonds
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 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 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 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
Lucapa Diamond Company and its partners, Empresa Nacional de Diamantes E.P. and Rosas & Petalas, have recovered the 23rd rough diamond over 100 carats at the Sociedade Mineira Do Lulo from the Lulo alluvial diamond mine in Angola. The 144 carat Type IIa D colour diamond was recovered from Mining Block 08, is the sixth … Read more
Lucapa Diamond Company and its partners Endiama and Rosas & Petalas have announced the recovery of three +100 carat diamonds by Sociedade Mineira Do Lulo from the Lulo alluvial diamond mine in Angola. The 131-carat is a Type IIa D-colour diamond, the 118-carat is a brown diamond and the 133-carat stone is a lower-quality grey … Read more
Lucapa Diamond Company has discovered a 114-carat white diamond from the Lulo alluvial diamond mine in Angola, Africa. The 114-carat Type IIa D-colour white diamond is the third diamond mined from Lulo’s mining block 46 (MB46) in the last eight weeks. Lucapa managing director Stephen Wetherall said block 46 was the best mined block to … Read more
Lucapa Diamond Company has recovered a 215-carat diamond from the Mothae kimberlite mine in Lesotho, Africa. The discovery is the largest Type IIa D-colour white diamond recovered through the 1.1 million tonnes a year Mothae plant since mining operations commenced in January 2019. The stone is also the second 200-carat-plus and fifth 100-carat-plus diamond recovered … Read more