Mining

Lesotho: Lucapa Diamond recovers the first diamonds at Mothae Mine

Tuesday, 13 February 2018 15:00

Yesterday, Lucapa Diamond announced that it had extracted the first diamonds of Mothae mine, that it owned at 70%. The largest of these stones extracted weighed 6.6 carats.

Lucapa indicated that the extraction was done with the existing bulk sampling plant and infrastructure, which it renovated sooner than announced in the framework of the sampling program. 

The company also said that works were ongoing at the 150th processing plant, including a large diamond recovery XRT system but the commissioning and commercial production are expected for the second part of this year.

Once operational, Mothae mine which has a 13.5-years lifetime should produce 498,000 carats annually.

Louis-Nino Kansoun

On the same topic
Benin outages linked to regional interconnection technical constraints Imports met 83% of consumption in 2023, IEA says Government plans...
Global electricity demand growing fastest in 15 years, IEA says Emerging economies drive 80% of demand growth through 2030 Grid bottlenecks...
Zijin Mining, Cominière shift start date to June 2026 $1B project to produce 95,170 tons of lithium sulfate annually Launch comes amid global lithium...
Petrosen plans $100M onshore exploration campaign starting 2026 Program aims to assess inland basins and identify viable reserves Move marks...
Most Read
01

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
02

Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...

Gulf of Guinea regains appeal as a key exploration hub for oil majors
03

Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...

Rwanda Mobilises Global, Local Finance for $2Bln Innovation City Targeting Africa’s Digital Economy
04

MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...

MTN’s Talks to Buyout IHS: A Strategic Reversal That Could Reshape African Telecoms
05

The government is asking SOTEL and Airtel to amend a 2025 agreement The N’Djamena–Mberé route...

Chad Reopens Talks with Telecom Operators Over Strategic Fiber Link
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.