RAPAPORT… Lucapa Diamond Company has unearthed a 101-carat rough from its Mothae mine in Lesotho.
The company found the D-color, type IIa diamond in the mine’s southern lobe region, it said last week. It’s the fourth 100-carat-plus rough the miner has recovered from the site since it commenced operations in January 2019. Last week, Lucapa unearthed a 127-carat, high-quality diamond from its Lulo mine in Angola.
Lucapa is planning an expansion of Mothae, which it expects to complete in the first quarter of 2021. That will likely increase output at the mine by 60%, the company noted.
“The recovery of this exceptional 101-carat diamond brings a positive end to 2020 for Mothae and its hardworking teams,” Lucapa managing director Stephen Wetherall said. “[We] look forward to completing the capacity expansion already underway at Mothae and to producing many more exceptional diamonds from this resource.”
Image: The 101-carat rough diamond. (Lucapa Diamond Company)
Lucapa Recovers 101ct. Rough from Mothae
The Bottom Line
- Lucapa unearthed a 101-carat D-color, type IIa diamond from the southern lobe of its Mothae mine.
- This is the fourth diamond over 100 carats recovered from Mothae since operations began in January 2019.
- Lucapa plans to expand Mothae's capacity by 60%, aiming to complete the project in the first quarter of 2021.
Summary by Rapaport AI
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