Lucapa adds to revenues

By Esmarie Iannucci      / August 08, 2019 / www.miningweekly.com / Article Link

PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company has reported revenue of A$8.8-million from the latest sale of diamonds from its Lulo and Mothae mines, in Angola and Lesotho respectively.

The ASX-listed company on Thursday reported that a parcel of 3 558 ct of Lulo diamonds was sold for gross proceeds of A$6.3-million, representing an average price of A$1 768/ct, while a further 4 376 ct of Mothae diamonds raised a further A$2.5-million in revenue, representing an average price of A$579/ct.

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For the year to date, Lucapa has reported total sales of A$50.2-million, with average sales prices reaching A$1 906/ct.

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