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Lucapa Recovers 126-Carat Diamond From Mothae Mine In Lesotho

The Lucapa Diamond Company, which is listed on the Australian Securities Exchange (ASX), reported it has recovered a gem-quality 126-carat diamond from its Mothae mine in Lesotho.

The stone is the first-ever diamond larger than 100 carats recovered from the mine since commercial operations commenced in January this year. It is, however, the sixth diamond larger than 50 carats that the mine has produced since pre-production bulk sampling commenced in 2018.

The recovery comes just over a week after Lucapa and its partner Endiama announced the recovery of a 130-carat diamond at the Lulo project in Angola.

Lucapa MD Stephen Wetherall said the diamond was further proof of the large stone and high-value nature of the Mothae kimberlite resource, which is located within 5 kilometres from Letseng, which is known for being the diamond mine that has an output with the world’s highest dollar-per-carat value.

“We are delighted to have recovered our first over 100-carat stone so early in our commercial mining campaign at Mothae, along with other rare Type IIa and fancy coloured gems, and look forward to unlocking the true value of this mine over the next decade and beyond,” Wetherall stated.

Lesotho Minister of Mining Keketso Sello commented, “Lesotho is very proud of its international reputation as a producer of large and high-quality diamonds and this latest recovery from our newest mine, Mothae, continues to demonstrate our nation’s great potential.”

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