Lucapa starts commercial production in Lesotho

By Esmarie Iannucci      / December 05, 2018 / www.miningweekly.com / Article Link

PERTH (miningweekly.com) – Commercial diamond mining has started at the Mothae mine, in Lesotho, ASX-listed Lucapa Diamonds reported on Wednesday.

“Lucapa is on track to become one of a few listed diamond companies globally with production from more than one operating mine,” said Lucapa MD Stephen Wetherall.

Advertisement

Ramp-up to the 1.1-million-tonne-a-year nameplate capacity at Mothae has now started, with production from the mine expected to complement that from the Lulo mine, in Angola.

“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,” Wetherall said.

Advertisement

Recent News

Gold stocks decline as metal drop offsets equity risk on

May 06, 2024 / www.canadianminingreport.com

Canadian mining equity capital raising robust in 2023, early 2024

May 06, 2024 / www.canadianminingreport.com

Gold stocks gain even as metal price pulls back

April 29, 2024 / www.canadianminingreport.com

Copper price forecast swinging significantly on shifting outlook

April 29, 2024 / www.canadianminingreport.com

Upgrades continue for 2024 gold price target...

April 22, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok