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Mining

Lesotho: Lucapa Diamond recovers a 25-carat yellow diamond at Mothae

Wednesday, 23 May 2018 17:18

(Ecofin Agency) - Lupaca Diamond announced yesterday May 22 it has recovered a gem-quality special diamond of 25 carats from the Neck Zone of its Mothae kimberlite mine in Lesotho. This zone is not part of the mine’s current JORC resource of more than over 1 million carats.

The company indicated that the stone was recovered within the first two days of trial processing through the bulk sampling plant following recent efficiency and security modifications.

Moreover, it plans to process three bulk samples of 50,000 tons of kimberlite from the Neck, North and South East zones, with the aim to boost the JORC resources as well as the mine’s lifespan.

Let’s recall that Lupaca Diamond holds 70% interest in the project while the country holds the remaining.

Louis-Nino Kansoun





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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