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.