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
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...
West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...
Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors w...
Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...
EU allocates €63 million humanitarian aid to Somalia WFP warns programs could halt without $95 million 6.5 million Somalis face...
Parliament approves €140 million (about $165 million) IsDB financing Funds to pave 53-km Mali–Gadalougué road and related...
New joint authority to manage Kazungula Bridge and one-stop border post Move aims to cut transit delays and support AfCFTA integration Bridge...
Federal and Kaduna State governments to invest $29.5 million in ginger hub Facility aims to boost processing capacity and reduce post-harvest...
More than 500 media leaders gathered in Nairobi on Feb. 25–26 for the fourth African Media Festival under the theme “Resilient Stories: Reinventing...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...