Industry News

October 27, 2019

Lucapa Diamond has achieved year to date to September sales of $38.2 million, with a further $10.4 million in sales already booked post quarter-end from its 70%-owned Mothae mine, in Lesotho and 40%-owned Lulo mine, in Angola against a backdrop of challenging global di...

October 20, 2019

Lucapa Diamond’s 40%-owned Lulo alluvial mine in Angola, has sold 1,736 carats of diamonds for $2.6 million, representing an average price per carat of $1,530.

This took total 2019 sales of Lulo diamonds to date to $35.1 million at an average price per carat of $2,090....

October 16, 2019

Lucapa Diamond Company earned $10.4 million from its latest sale of rough stones, bringing its total for the year to date to $45.9 million.

The miner sold 5,469 carats from its Lulo mine in Angola for $5.9 million, at an average price of $1,087 per carat, it reported...

October 13, 2019

Lucapa Diamond Company Limited reported strong production for both the Lulo and Mothae mines in the September 2019 quarter. The mines achieved a quarterly production record of 14,610 carats during the quarter, which the company says are in line with its strategy of exp...

September 11, 2019

Lucapa Diamond is projecting output at its 40%-owned Lulo mine, in Angola to improve in the second half of the year following the move to flood plain blocks which are expected to produce average grades much higher than those achieved during the first half. 

Lulo’s firs...

September 4, 2019

Lucapa Diamond Company returned to profit in the first half, amid an increase in sales and a higher average price, the company said Tuesday. 

The miner recorded a net profit of $1.1 million in the six months ending June 30, compared with a loss of $4.3 million during...

August 11, 2019

Lucapa Diamond Company garnered $6.2 million at a tender of rough stones from its Lulo and Mothae mines, bringing the total to $35.5 million for the year to date. 

The miner sold 3,558 carats from its Lulo mine in Angola, bringing in $4.4 million at an average price o...

July 17, 2019

Sales of rough from Lucapa Diamond Company’s Lulo mine doubled to $10 million in the second quarter, reflecting higher volumes and an increase in the average price, the company said Monday.

Sales volume surged 63% to 5,573 carats, while the average price grew 22% to $...

June 9, 2019

Lucapa Diamond has launched a $3.3 million exploration programme to locate the kimberlite source of the high-value alluvial diamonds at the Lulo project in Angola.  

The new kimberlite exploration programme will be completed over the next 12 months. 

As in the pa...

June 5, 2019

Lucapa Diamond Company garnered $10 million at its second rough sale of 2019, achieving an average price of $1,800 per carat. 

The miner sold 5,573 carats at the tender, it said Monday. The diamonds are from the company’s Lulo alluvial mine in Angola. Tender sales cam...

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