Far East Capital Newsletter
Lucapa Diamond Company Limited: Company Review
9 Sep 2020

In This Issue

Company Review

Lucapa Diamond Company

Lucapa (LOM) is an ASX-listed diamond producer with two operating mines. The 40%-owned Lulo Alluvial Diamond Mine in Angola (SML) has been operating for over five years, having undergone successive successful expansions. It is notable for the very high value and size diamonds that are recovered. The 70%-owned Mothae Kimberlite in Lesotho is in its second year of production and it may soon be expanded from 1.1 Mtpa to 1.8 Mtpa treatment capacity. Exploration programs are underway to find the source kimberlite for the Lulo diamonds in Angola, as well as in Botswana and in the Ellendale region of WA. 

Suite 24, Level 6
259 Clarence St
Sydney NSW 2000

Phone: +61 417 863 187
Far East Capital