Make Kitco Your Homepage

126 Carat Diamond Recovered From New Mothae Mine

Kitco News

Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here!

(Kitco News) - Lucapa Diamond (ASX:LOM) recovered a gem-quality 126 carat diamond from its new Mothae kimberlite mine in Lesotho, the company announced today.

Lucapa Diamond said the 126-carat stone is the largest diamond recovered since commercial mining operations commenced in January 2019, and it is the largest gem-quality diamond ever recovered from Mothae. There have only been six 50-plus carat diamonds recovered since Lucapa commenced its pre-production bulk sampling program at Mothae in 2018.

The the 126-carat stone recovery comes shortly after Lucapa and its partners recovered a 130 carat gem-quality diamond from the company's Lulo alluvial mine in Angola.

Lucapa has mines in Angola and Lesotho, along with exploration projects in Angola, Australia and Botswana. Lucapa mines both alluvial and kimberlite sources.

Written with material from Lucapa Diamond news release.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Precious Metal Charts

Follow Kitco News