Angola: Lucapa nearly doubles diamonds resources

Angola: Lucapa nearly doubles diamonds resources

Diamond miner Lucapa Diamond Company has reported a 90% increase in its diamond resource carats at its Lulo operation, in Angola, on the back of an independent valuation. Advertisements

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Africa Mining: Lucapa Diamond unearths 128 ct diamond in Angola

Africa Mining: Lucapa Diamond unearths 128 ct diamond in Angola

Diamond miner Lucapa Diamond Company (ASX: LOM) has unearthed a massive 128-carat diamond from its flagship Lulo alluvial mine in Angola, making it the twelfth sparkler measuring over 100ct recovered from the field to date.

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Africa Mining: Lucapa secures $7m loan to boost Lesotho mine development

Africa Mining: Lucapa secures $7m loan to boost Lesotho mine development

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.

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Africa Mining: Lucapa introduces Lulo diamonds into Angola’s new diamond marketing system

Africa Mining: Lucapa introduces Lulo diamonds into Angola’s new diamond marketing system

Lucapa Diamond (ASX:LOM) said it supports the recent diamond sector reforms announced by Angola’s government and that it will sell certain select large premium-value diamonds from its prolific Lulo mine through the country’s new marketing channels.

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