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Lucapa suspends diamond mine in Lesotho over COVID-19 lockdown

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(Kitco News) - Lucapa Diamond Company (ASX: LOM) reported today that according to the announcement by the Lesotho Prime Minister, Right Honourable Majoro, the Lesotho Government has imposed a 14-day nation-wide lockdown commencing midnight Lesotho time tonight due to a surge in COVID-19 cases.

After discussions with its partner, the Government of the Kingdom of Lesotho, the company decided to temporarily suspend mining operations at the Mothae kimberlite mine, with appropriate care and maintenance, and security measures.

Lucapa added that mining and processing operations will be restarted when the lockdown ends.

Managing Director Stephen Wetherall commented, “Our priority is to ensure the health and safety of our valued teams on site. The suspension is expected to be temporary in nature as it is a mine operational health and safety decision, not a market limitation. Lucapa continues to engage with its financiers through this period as the diamond market continues its positive trajectory.”

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