Lucapa reports further revenue from diamond sales

By Esmarie Iannucci      / February 12, 2020 / www.miningweekly.com / Article Link

PERTH (miningweekly.com) – Diamond miner Lucapa has generated a further A$8.2-million from the run-of-mine diamond sales from its Lulo and Mothae mines.

The ASX-listed company told shareholders that a total of 1 548 ct of diamonds from the Lulo operation, in Angola, was sold for gross proceeds of A$5-million, representing an average price of A$3 251/ct.

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A further 6 306 ct of Mothae diamonds, from the Lesotho mine, waere sold for gross proceeds of A$3.2-million, representing an average price per carat of A$506.

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