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
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...
Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...
With COP30 approaching, the International Renewable Energy Agency is calling for a global goal: to q...
Oni-Tel Fibre Networks launched Inter-Data Centre Fibre Network with Digital Parks Africa as the inaugural point of presence. High-speed fibre...
Air Peace becomes the first Nigerian airline to launch direct flights from Abuja to London Heathrow. Fidelity Bank highlights the partnership as...
Telecel Zimbabwe seeks court-backed corporate rescue amid financial crisis Firm cites debt, weak 4G network, and shrinking market share Rescue...
Kenya-UK trade hits record £2.1B in Q2 2025 Exports rise on both sides after July trade agreement UK remains top investor, with £804M FDI...
The Namib Erg, also known as the Namib Sand Sea, is one of the most ancient and spectacular desert landscapes on Earth. Stretching along Namibia’s...
CIGAF 2025 hosted 26+ countries to celebrate culinary diversity in Ouagadougou Event featured competitions, demos, and talks on food, culture, and...