News

Advanced Search

Lucapa’s Mothae Mine Yields 89ct. Yellow

Jul 2, 2018 3:11 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... Lucapa Diamond Company has recovered an 89-carat yellow rough diamond from its Mothae mine in Lesotho, it said Friday.

The miner found the stone during bulk sampling in the asset’s southeast zone. The diamond is not part of the miner’s original forecast for the Mothae resource, it said.

“Having recently recovered a 25-carat yellow diamond from the previously untested neck zone in our bulk-sampling program, we are tremendously encouraged that this 89-carat diamond was recovered from the southeast zone, an area of the Mothae kimberlite pipe where there has been very limited historical testing,” said Stephen Wetherall, Lucapa’s managing director.

Lucapa bought 70% of Mothae in 2017, with the Lesotho government holding the remaining shares.
Tags: Lesotho, lucapa, Lucapa Diamond Company, Mothae, Rapaport News, Stephen Wetherall
Similar Articles
Alrosa Israel AuctionAlrosa Israel Auction Garners $16M
Sep 16, 2018
Alrosa sold $15.6 million worth of rough at a large-stone auction in Israel last month. The 166 diamonds
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.