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)
Lucapa Recovers 64ct. Rough at Mothae
The Bottom Line
- Lucapa discovered a 64-carat D-color, type IIa rough diamond at the southern pit of the Mothae mine.
- Production in the higher-margin southern pit began recently after constructing a dam to remove water.
- The company plans to continue processing in the southern pit through the end of the year.
Summary by Rapaport AI
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