A 78 ct white diamond has been recovered from the Mothae diamond mine, in Lesotho. Advertisements
Commercial diamond mining has started at the Mothae mine, in Lesotho, ASX-listed Lucapa Diamonds reported on Wednesday.
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Australia’s Lucapa Diamond (ASX:LOM) said Thursday it had received ZAR100 million (about $7 million) from South Africa’s IDC — of the largest development financiers in southern Africa — to boost development at its 70%-owned Mothae mine in Lesotho.
Read MoreLucapa Diamond Company (ASX:LOM) has made a substantial discovery at the Mothae kimberlite mine in Lesotho.
Read MoreGem Diamonds (LON:GEMD) jumped as much as 6.5% on Wednesday after the miner revealed it had dug up yet another big rock at its flagship Letšeng mine in Lesotho.
Read MoreLucapa Diamond (ASX:LOM) announced that, for the first time, workers at its 70% owned Mothae mine in Lesotho have recovered diamonds sourced from residual material and kimberlite stockpiles.
Read MoreMozambique Electricity (EdM) has renewed its contract to sell energy to Lesotho in a business that foresees Mozambique receiving about US$7 million (EUR 5.5 million) this year, an official source said.
Read MoreAfrica-focused Gem Diamonds (LON:GEMD) unveiled Thursday a 126-carat rock unearthed at its flagship Letšeng mine in Lesotho, the latest in a string of major discoveries at the operation this year.
Read MoreSA State-owned Eskom has confirmed it has agreements in place with its Zimbabwean and Zambian counterparts Zesa and Zesco respectively to supply up to 300 MW of power during off-peak periods.
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