Lucapa Diamond Co. plans to sell 70% stake in Lesotho's Mothae mine, focusing on core assets in Africa and Australia.

Lucapa Diamond Co. plans to sell its 70% stake in Lesotho's Mothae mine, following a review of its asset portfolio. The mine, which began commercial operations in 2019, is known for producing large, high-value diamonds. Lucapa aims to refocus on core assets in Africa and Australia, including the Lulo mine in Angola and the Merlin diamond project in Australia's Northern Territory.

May 15, 2024
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