trending Market Intelligence /marketintelligence/en/news-insights/trending/iRAeYZyx4CiO-OXusgVuiQ2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Lucapa generates US$3.5M from 2nd tender of Mothae diamonds in FY'19

Blog

Global M&A Infographic Q1 2021

Blog

COVID-19 Impact & Recovery: Private Equity

Blog

Lithium prices rally cobalt prices correct

Blog

COVID-19 Impact & Recovery: Investment Banking


Lucapa generates US$3.5M from 2nd tender of Mothae diamonds in FY'19

Lucapa Diamond Co. Ltd.'s second tender this year of diamonds from the Mothae kimberlite mine in Lesotho generated proceeds of US$3.5 million.

The company said May 29 that it sold 7,008 carats of rough diamonds in Antwerp, including prices of up to US$26,000 per carat for individual gems.

Total proceeds from the two tenders of Mothae diamonds in 2019 now total US$7.3 million, and Lucapa is considering a third tender within the first half of the year, it noted.

Lucapa recently recovered a 126-carat, gem-quality diamond, the largest gem-quality diamond recovered from the Mothae mine to date.