Diamond News

Lucapa's Mothae Mine Beating Early Expectations, Lulo Output Down

Lucapa's Mothae Mine Beating Early Expectations, Lulo Output Down

The Diamond Loupe
English
12:19

Lucapa's Mothae Mine Beating Early Expectations, Lulo Output Down

Lucapa Diamond Co. has reported an "excpetional performance" from the Mothae kimberlite mine in Lesotho in its first full quarter of production, while output from the Lulo alluvial mine in Angola fell as the miner focused predominantly on lower grade mining areas. The miner held two milestone tenders during Q1 2019: its first ever sale of Lulo diamonds via international tender under the new diamond marketing reforms enacted by the Angolan President, Joao Lourenco, and its first commercial run of mine tender from Mothae via Bonas tender house in Antwerp. 

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