- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Lucapa Diamonds Recovers First Diamond From Mothae Mine
Lucapa Diamond Company Limited announced that it has recovered its first diamond from the its Mothae kimberlite mine in Lesotho.
The diamonds were recovered through the existing bulk sampling plant and infrastructure at Mothae, which has been refurbished ahead of schedule, as part ofthe previously announced bulk sampling program (BSP). The initial diamond recoveries – sourced from residual material and kimberlite stockpiles that are not included in the Mothae JORC resource – were observed during a site visit to Mothae by Lucapa representatives, advisors, brokers and investors following the Mining Indaba Conference in Cape Town. The largest of the diamonds recovered in the first test run was 6.6 carats.
As previously advised, the BSP is designed to provide additional resource and diamond data to expand the life of mine, while also generating early cash flows. Construction of the new 150 tph processing plant, including an XRT large-diamond recovery circuit, continues and remains on schedule for full commissioning and commercial production in H2 2018.
Click here to read the full Lucapa Diamond Company Limited (ASX: LOM) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.