May 23, 2019

Mothae Gives Up its First + 100 Ct Stone – a 126 Ct Gem Quality Diamond Recovered at the Mine

Lucapa Diamond Company Limited announced today the recovery of a gem-quality 126 carat diamond from its new Mothae kimberlite mine in Lesotho, where it is in a joint venture with the Government of the Kingdom of Lesotho (GoL).   

The largest gem quality diamond recovered so far since commercial production started in January 2019, the 126 carat gem is the sixth +50 carat diamond recovered since Lucapa commenced its pre-production bulk sampling programme at Mothae in 2018.

“It comes shortly after Lucapa and its partners recovered a 130 carat gem-quality diamond from the Company’s high-value Lulo alluvial mine in Angola,” the Company underlined.

Lesotho Minister of Mining, the Honourable Keketso Sello, said the recovery of the 126 carat diamond represented another milestone for Lesotho’s highly-prospective diamond sector.

“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,” said Minister Sello.

Lucapa Managing Director Stephen Wetherall said the 126 carat diamond was further proof of the large stone and high-value nature of the Mothae kimberlite resource, which is located within 5km of Letseng, the world’s highest US$ per carat kimberlite diamond mine.

“We are delighted to have recovered our first +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,” said Wetherall.

Pic Cap: The gem-quality 126 carat diamond recovered from Mothae (pre boiling)

Pic Courtesy: Lucapa Diamond Company Limited