News

Advanced Search

Lucapa Recovers 64ct. Rough at Mothae

Aug 6, 2019 5:37 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... Development work at the Mothae mine in Lesotho has paid off for Lucapa Diamond Company, with the discovery of a 64-carat rough, the highest-quality diamond found at the deposit to date. 

The miner recovered the D-color, type IIa stone at Mothae’s higher-margin southern pit, it said Tuesday. Lucapa began production in that area in the past month, following the construction of a dam enabling it to remove water. The company intends to continue processing from that portion of the site through the end of the year, it noted.

“The recovery of this exceptional 64-carat gem...represents a great start to our mining campaign in the higher-margin zones in the southern pit at Mothae,” said Lucapa CEO Stephen Wetherall.

The company began commercial production at Mothae at the end of 2018.

Image: The 64-carat diamond from Mothae. (Lucapa Diamond Company)
Tags: lucapa, Lucapa Diamond Company, Mothae, Mothae Mine, Rapaport News, Stephen Wetherall
Similar Articles
Lucapa Lulo 150Lucapa Eyes Increased Share in Lulo
Nov 28, 2019
Lucapa Diamond Corporation is in advanced discussions with the Angolan government to secure a majority stake in its Lulo
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2019 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.