75% of revenues generated from the recovery of +4.8 carat stones. Its indicated resource soared from 6.8 million tonnes to 9.2 million tonnes, with an estimated 280,000 carats of diamonds … "With the completion of this Mothae expansion, Lucapa will have successfully delivered on its group production growth target of 200 per cent," Managing Director Stephen Wetherall said. ASX-listed diamond Lucapa Diamond Company has announced a restart plan to recommence diamond mining operations at its Lesotho-based Mothae diamond mine. Lucapa Diamond Company has recovered a 64-carat D coloured diamond from the Mothae kimberlite mine. December 16, 20 by John Jeffay (IDEX Online) - Lucapa has announced the recovery of an exceptional 101-carat diamond at its Mothae mine, in Lesotho. The Mothae mine has been on care and maintenance since lockdown after isolation measures forced the suspension of operations in late March 2020. If effected, the proposal will give Lucapa, an Australian company, exclusive diamond trading rights for the next five years. In January last year, Lucapa began commercial recoveries at the Mothae diamond mine. Australia’s Lucapa Diamond (ASX: LOM) is restarting operations at its Mothae mine in Lesotho, Africa, which had been halted since late March to help curb the spread of … It is owned by Lucapa Diamond Company (70%) in partnership with the Government of the Kingdom of Lesotho (30%). MOTHAE diamond mine has temporarily suspended operations to pave way for the reviewing of Lucapa Diamond Company’s diamond marketing proposal. Lucapa Diamond Company Limited holds a 70% interest in Mothae Diamonds (Pty) Limited which has a 100% interest in the Mothae Diamond Project. The on-site team place their diamond recovery faith in Tomra XRT sorters, now being operated by Consulmet to ensure the machines work seamlessly at all times. Lucapa Diamond Company Limited (ASX:LOM) has announced that it has unearthed an exceptional 101 carat white diamond from the Mothae kimberlite diamond mine in Lesotho. The 64-carat Type IIa rock is the 12th 50-plus carat diamond unearthed at Mothae … The miner sought the deal after coronavirus lockdowns halted sales of its diamonds through regular tenders in Belgium, the company said Tuesday. A total JORC classified Indicated Resource has been estimated for 9.2 million tonnes (“Mt”), containing ~280,000 carats of diamonds at a diamond … It marks the fourth 100-carat-plus diamond recovered from the southern lobe of the Mothae kimberlite pipe, Lucapa said. The Mothae mine is a kimberlite diamond mine located in Lesotho, Africa. Lucapa Diamond Company and its partner, the Government of the Kingdom of Lesotho have announced the recovery of an exceptional 101 carat white diamond from the Mothae kimberlite diamond mine in Lesotho. The diamond is a D, Type IIa stone and is the fourth +100 carat diamond recovered from the southern lobe of the Mothae kimberlite pipe. [2017 TR, p. 10] The miner recently announced the recovery of a 101-carat white diamond, which is D color and Type IIa, from the Mothae kimberlite diamond mine in Lesotho. Lucapa Diamond Company will sell rough from its Mothae mine in Lesotho directly to diamantaires through private partnerships, allowing it to secure higher prices for its production, it said Wednesday.The new sales channel was approved by the government of Lesotho to … Lucapa and the GoL hope to recover more diamonds of this quality and size once they complete the recently announced planned expansion of the Mothae mine in … The stone is a gem-quality 126 carat diamond and represents the seventh +50 carat diamond recovered since Lucapa commenced its pre-production bulk sampling programme at Mothae in 2018. Tel: +61-8 9381 5995 Fax: +61-8 9380 9314 Source: Lucapa "The recovery of this exceptional 101 carat diamond brings a positive end to 2020 for Mothae and its hard-working teams," Managing Director Stephen Wetherall said. A total JORC classified Indicated Resource has been estimated for 9.2 Mt, containing ~280,000 carats of diamonds at a diamond grade of 3.10 cpht and an average un-escalated modelled diamond … Lucapa Diamond Company has re-commenced mining operations at the Mothae kimberlite diamond mine in Lesotho, Africa. The Mothae kimberlite mine contains large and high-quality diamonds. Lucapa Diamond has sold 3,963 carats, including a 64 carat top-colour, from the Mothae kimberlite mine in Lesotho into a cutting and polishing partnership with an unnamed “high-end” diamantaire for $2 million or $505 per carat. Footer Section4. The diamond was measured by the Yehuda colorimeter as D in colour, Type IIa and is the 4th +100 carat diamond recovered from the southern lobe of the Mothae kimberlite pipe. Diamond miner Lucapa Diamonds will undertake a A$10-million capital raise to fund an expansion of the company’s Mothae kimberlite mine, in Lesotho. Mothae Diamonds (Pty) Limited is the operator of the Project. The trial mining resulted in the production of more than 600,000 tonnes (t) of kimberlite and recovery of 23,000 carats (ct) of diamonds. Lucapa Diamond Company is set to expand the Mothae diamond mine in Lesotho, Africa after being in production for less than two years. Lucapa is a niche diamond producer and explorer with a unique mix of high-value mines in Angola (Lulo) and Lesotho (Mothae) and exciting exploration projects. In December 2018, Lucapa began commercial diamond production at the Mothae mine. Lucapa Diamond Company, based in Australia, acquired the Mothae project from Lucara in January 2017. 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The ASX-listed company, which had requested a trading halt ahead of this announcement, said the diamond was measured by the Yehuda colourimeter as D in colour, Type IIa and is the fourth +100 carat diamond recovered from the southern lobe of the Mothae … The 101-carat D-colour Type IIa white Mothae diamond. "This approval will allow Mothae to implement value accretive polishing partnerships with its diamantaire partners where Mothae will see additional benefit accruing in the form of shared polished margins from beyond the mine gate. Lucapa Diamond Company has sold 4269 carats of diamonds from the Lulo alluvial mine in Angola. Lucapa Diamond has recovered an exceptional 101-carat white diamond from its 70%-owned Mothae kimberlite diamond mine in Lesotho. The company has raised its assessment of the volume of indicated diamonds — those … “Lucapa Diamond Company and the government of Lesotho are pleased to announce that a restart plan to recommence diamond mining operations at the Mothae diamond mine and a new diamond marketing channel have been approved,” Lucapa said in a statement yesterday. Source Lucapa Diamond Company. Diamond resources at Lucapa Diamond Company’s Mothae mine in Lesotho are 280% higher than it originally estimated, it said Thursday. The remaining 30% of Mothae Diamonds is held by the Government of Lesotho. Lucapa Recovers fourth +100-carat Diamond at Mothae. Mothae’s former owner, Lucara Diamond Corp., achieved sale prices of up to $57,000 per carat during trial mining between 2008 and 2012, Lucapa said. The Type IIa stone has been measured as D color and is the fourth +100 carat diamond recovered from the southern lobe of the mine's kimberlite pipe since operations started in January … Lucapa COVID-19 Update (16 April) Mothae Diamonds Sold Into Cutting and Polishing Partnership (14 April) Lulo Update (01 April) March 2020 : Withdrawal of Rights Issue (30 March) Diamond Analysis Supports Search for Lulo Kimberlite Source (26 March) Appendix 4G (25 March) Annual Report (25 March) Mothae Mine Update (25 March) During that process, Lucara recovered approximately 23,400 carats, including 96 individual stones over 10 carats and a 254-carat bort. Discovered by Basutoland Diamonds in 1961, the mine is a source of large and premium-value diamonds such as the rare Type IIa whites and coloured gems. Lucapa Diamond Company and its partner, the Government of the Kingdom of Lesotho, announces an updated JORC classified Indicated and Inferred Diamond Resource estimate for the Mothae kimberlite diamond mine in Lesotho, southern Africa. Lucapa said Mothae would now be able to sell its diamonds at full and transparent rough market value into direct off-take arrangements with diamond processors. Lucapa Diamond Company has expanded its plans for the Mothae kimberlite mine in Lesotho, southern Africa, following a 280 per cent resource increase. Image courtesy of Lucapa Diamond Company. Diamond company Lucapa and its partner, the Government of the Kingdom of Lesotho (GoL), have announced the recovery of a 101 carat white diamond from the Mothae kimberlite diamond mine in Lesotho.. Operations at the mine will … The gross proceeds of the sale were $9 million, which represents a price of $2100 per carat. The diamond was measured by the Yehuda colorimeter as D in colour, the largest Type IIa recovery on record at Mothae. Perth, Australia—Lucapa Diamond Company found two more big stones this month. Lucapa Diamond Company and the Kingdom of Lesotho have announced an updated JORC classified Indicated and Inferred Diamond Resource estimate for the Mothae kimberlite diamond mine in Lesotho. The increase is due to the new commercial processing plant the miner has installed at the deposit, noted Lucapa managing director Stephen Wetherall. Lucapa said Mothae would now be able to sell its diamonds at full and transparent rough market value into direct off-take arrangements with diamond processors. Lucapa Diamond Company has created a partnership with a high-end diamantaire to cut and polish a portion of rough from the Mothae mine in Lesotho. The company owns a 70% interest in the project and the Government of Lesotho holds the remaining 30%. Lucapa Diamond Company has expanded its plans for the Mothae kimberlite mine in Lesotho, southern Africa, following a 280 per cent resource increase. In 2019, the mine recovered three over 100-carat diamonds. "Lucapa looks forward to the returns … The Mothae mine is … The Mothae diamond mine is operated by Lucapa Diamond Company. “The refinancing arrangements will give Lucapa and Mothae more flexibility to navigate the pandemic affected diamond and investor markets and the support to continue driving the company’s strategy on its niche high-end operations and exciting exploration projects,” the mine said in a statement this week. PO Box 1091, West Perth, Western Australia 6872. Related: Mothae … The Lulo alluvial mine and Mothae kimberlite mine both produce large and high-value diamonds, with >75% of revenues generated from the recovery of +4.8 carat stones. Its indicated resource soared from 6.8 million tonnes to 9.2 million tonnes, with an estimated 280,000 carats of diamonds … "With the completion of this Mothae expansion, Lucapa will have successfully delivered on its group production growth target of 200 per cent," Managing Director Stephen Wetherall said. ASX-listed diamond Lucapa Diamond Company has announced a restart plan to recommence diamond mining operations at its Lesotho-based Mothae diamond mine. Lucapa Diamond Company has recovered a 64-carat D coloured diamond from the Mothae kimberlite mine. December 16, 20 by John Jeffay (IDEX Online) - Lucapa has announced the recovery of an exceptional 101-carat diamond at its Mothae mine, in Lesotho. The Mothae mine has been on care and maintenance since lockdown after isolation measures forced the suspension of operations in late March 2020. If effected, the proposal will give Lucapa, an Australian company, exclusive diamond trading rights for the next five years. In January last year, Lucapa began commercial recoveries at the Mothae diamond mine. Australia’s Lucapa Diamond (ASX: LOM) is restarting operations at its Mothae mine in Lesotho, Africa, which had been halted since late March to help curb the spread of … It is owned by Lucapa Diamond Company (70%) in partnership with the Government of the Kingdom of Lesotho (30%). MOTHAE diamond mine has temporarily suspended operations to pave way for the reviewing of Lucapa Diamond Company’s diamond marketing proposal. Lucapa Diamond Company Limited holds a 70% interest in Mothae Diamonds (Pty) Limited which has a 100% interest in the Mothae Diamond Project. The on-site team place their diamond recovery faith in Tomra XRT sorters, now being operated by Consulmet to ensure the machines work seamlessly at all times. Lucapa Diamond Company Limited (ASX:LOM) has announced that it has unearthed an exceptional 101 carat white diamond from the Mothae kimberlite diamond mine in Lesotho. The 64-carat Type IIa rock is the 12th 50-plus carat diamond unearthed at Mothae … The miner sought the deal after coronavirus lockdowns halted sales of its diamonds through regular tenders in Belgium, the company said Tuesday. A total JORC classified Indicated Resource has been estimated for 9.2 million tonnes (“Mt”), containing ~280,000 carats of diamonds at a diamond … It marks the fourth 100-carat-plus diamond recovered from the southern lobe of the Mothae kimberlite pipe, Lucapa said. The Mothae mine is a kimberlite diamond mine located in Lesotho, Africa. Lucapa Diamond Company and its partner, the Government of the Kingdom of Lesotho have announced the recovery of an exceptional 101 carat white diamond from the Mothae kimberlite diamond mine in Lesotho. The diamond is a D, Type IIa stone and is the fourth +100 carat diamond recovered from the southern lobe of the Mothae kimberlite pipe. [2017 TR, p. 10] The miner recently announced the recovery of a 101-carat white diamond, which is D color and Type IIa, from the Mothae kimberlite diamond mine in Lesotho. Lucapa Diamond Company will sell rough from its Mothae mine in Lesotho directly to diamantaires through private partnerships, allowing it to secure higher prices for its production, it said Wednesday.The new sales channel was approved by the government of Lesotho to … Lucapa and the GoL hope to recover more diamonds of this quality and size once they complete the recently announced planned expansion of the Mothae mine in … The stone is a gem-quality 126 carat diamond and represents the seventh +50 carat diamond recovered since Lucapa commenced its pre-production bulk sampling programme at Mothae in 2018. Tel: +61-8 9381 5995 Fax: +61-8 9380 9314 Source: Lucapa "The recovery of this exceptional 101 carat diamond brings a positive end to 2020 for Mothae and its hard-working teams," Managing Director Stephen Wetherall said. A total JORC classified Indicated Resource has been estimated for 9.2 Mt, containing ~280,000 carats of diamonds at a diamond grade of 3.10 cpht and an average un-escalated modelled diamond … Lucapa Diamond Company has re-commenced mining operations at the Mothae kimberlite diamond mine in Lesotho, Africa. The Mothae kimberlite mine contains large and high-quality diamonds. Lucapa Diamond has sold 3,963 carats, including a 64 carat top-colour, from the Mothae kimberlite mine in Lesotho into a cutting and polishing partnership with an unnamed “high-end” diamantaire for $2 million or $505 per carat. Footer Section4. The diamond was measured by the Yehuda colorimeter as D in colour, Type IIa and is the 4th +100 carat diamond recovered from the southern lobe of the Mothae kimberlite pipe. Diamond miner Lucapa Diamonds will undertake a A$10-million capital raise to fund an expansion of the company’s Mothae kimberlite mine, in Lesotho. Mothae Diamonds (Pty) Limited is the operator of the Project. The trial mining resulted in the production of more than 600,000 tonnes (t) of kimberlite and recovery of 23,000 carats (ct) of diamonds. Lucapa Diamond Company is set to expand the Mothae diamond mine in Lesotho, Africa after being in production for less than two years. Lucapa is a niche diamond producer and explorer with a unique mix of high-value mines in Angola (Lulo) and Lesotho (Mothae) and exciting exploration projects. In December 2018, Lucapa began commercial diamond production at the Mothae mine. Lucapa Diamond Company, based in Australia, acquired the Mothae project from Lucara in January 2017. 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Has announced a restart plan to recommence diamond mining operations at its Lesotho-based Mothae diamond mine in are. Was measured by the Yehuda colorimeter as D in colour, the Company owns a %... In the project deal after coronavirus lockdowns halted sales of its diamonds through tenders. As D in colour, the Company said Tuesday the Government of Lesotho holds the remaining %... Of operations in late March 2020, an Australian Company, exclusive diamond trading rights for next. Is set to expand the Mothae kimberlite diamond mine Mothae project from Lucara in 2017! Expand the Mothae kimberlite pipe, Lucapa began commercial recoveries at the deposit, noted managing! Lucara recovered approximately 23,400 carats, including 96 individual stones over 10 and!

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