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Lucapa To Sell Lesotho Mothae Mine

Lucapa To Sell Lesotho Mothae Mine

The Diamond Loupe
English
05:24

Lucapa To Sell Lesotho Mothae Mine

Lucapa, the Australian listed miner with operations in Angola (Lulo) and Lesotho (Mothae) is looking to divest its 70% stake in the Mothae mine after a review of its asset portfolio by the recently restructured Lucapa board of directors. The mine, located in the Maluti Mountain range, is known for its large, high value diamonds, and in its statement, Lucapa chairman Stuart Brown commented the company expects significant interest from potential buyers.

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