Mali to get $1.2 billion from miners after talks
Mali’s military leadership has taken a harsh stance against international miners with an extensive overhaul of the sector in recent years.
Lucapa recovered several coloured diamonds from its Mothae diamond mine operations in Lesotho, the company announced yesterday.
During a bulk sampling program, the company found the following:
The Mothae kimberlite pipe is located within 5km of Letšeng, the highest dollar per carat kimberlite diamond mine in the world.
This bulk sampling program is being conducted in parallel with construction of the new 150 tonne per hour commercial diamond plant, which continues on schedule for H2 2018 commissioning.
The Mothae is 70% owned by Lucapa. Government of the Kingdom of Lesotho retains a 30% interest.
Written with material from Lucapa Diamond Company
