RapNet


Rapaport News

 

Mining

 
Rapaport Broadcast
Martin Rapaport Addresses Israel Diamond Week
February 12 2020

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

Lucapa’s Mothae Mine Yields 89ct. Yellow

Company recovers diamond during bulk sampling.
Jul 2, 2018 3:11 AM   By Rapaport News
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
Angola roughAngola’s Annual Rough Revenue Rises
Feb 16, 2020
Revenue from Angola’s national diamond-trading company, Sodiam, rose 6% in 2019...
Gem Diamonds Sees Sales Decline in 2019
Alrosa Puts Lower-Value Mines on Hold
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us